SIGN (Sign) rose 51.07% in the last 24 hours.

Gate News Bot news, on September 24, according to CoinMarketCap data, as of the time of writing, SIGN (Sign) is currently priced at $0.12, with a 24-hour rise of 51.07%, reaching a high of $0.13 and a low of $0.08. The 24-hour volume is $507 million. The current market capitalization is approximately $161 million, an increase of nearly $54.44 million compared to yesterday.

Important recent news about SIGN:

1️⃣ Sign Foundation participates in large-scale strategic investment The Sign Foundation, in collaboration with Faraday Future, participated in a $41 million PIPE transaction, strategically investing in Qualigen Therapeutics (NASDAQ: QLGN). This investment will propel QLGN's transformation into a crypto and Web3 business platform, rebranding it as CXC10. This move demonstrates Sign's strategic positioning in the cryptocurrency and blockchain space, promising new application scenarios and value rise for the SIGN token.

2️⃣ Cooperate with well-known enterprises to expand blockchain applications As a participant in this investment, Sign has established a strategic partnership with electric vehicle manufacturer Faraday Future. This cross-industry collaboration may promote the application of Sign's blockchain technology in the automotive and smart mobility sectors, further expanding its market influence.

3️⃣ On-chain public infrastructure construction is recognized Sign, as a blockchain technology company providing on-chain public infrastructure for governments and enterprises worldwide, demonstrates the market's recognition of its technical strength through its participation in high-profile investments. This may attract more institutions and enterprises to pay attention to and adopt Sign's solutions, thereby driving the demand and value of SIGN tokens.

From a technical perspective, the price of SIGN has experienced a breakthrough pump and a surge in volume, reflecting the market's positive reaction to its recent strategic moves. However, investors should remain vigilant about the potential risk of a short-term pullback.

This message is not an investment advice; investors should be aware of market volatility risks.