Gate News Bot news, July 22, according to CoinMarketCap data, as of the time of writing, BEER (BEERCOIN) is currently priced at 0.0000041104 USD, with a rise of 9.56% in the last 24 hours, reaching a high of 0.0000041679 USD and a low of 0.0000031631 USD. The 24-hour volume reached 261,900 USD. The current market capitalization is approximately 2.26 million USD, an increase of 197,200 USD compared to yesterday. BEER is a cryptocurrency token based on the Solana blockchain. BEER 2.0 is its upgraded version, aimed at ensuring long-term sustainability and reducing volatility through an improved tokenomics model and smarter holder incentive mechanisms. The project plans to integrate with NFTs, games, and future DApps, making it more than just a fad.

Jinse Caijing reported that, according to Lookonchain monitoring, another wallet related to the beercoin team is selling BEER.

Golden Finance reported that according to beercoin disclosed on X platform, the Twitter information of the Meme coin project WATER is currently not under the control of the project team. Considering this, do not follow any action calls or links posted on relevant social media accounts until further notice.

According to Lookonchain, a whale spent approximately $7.68 million to purchase 35.7 million BEER tokens from May 25th to June 18th. The current value of these tokens is only $1.81 million, resulting in a floating loss of $5.87 million (-76.4%), but they have not been sold yet.