QUICK (QuickSwap [Old]) rose by 5.44% in the last 24 hours.

Gate News Bot news, on September 3rd, according to CoinMarketCap, as of the time of writing, QUICK (QuickSwap [Old]) is currently priced at $27.33, rising 5.44% in the last 24 hours, reaching a high of $27.51 and a low of $24.77, with a 24-hour volume of $15,000. The current market capitalization is approximately $20.2 million, an increase of $1.04 million compared to yesterday.

QUICK recent important news:

1️⃣ QuickSwap plans to conduct a 11000:1 token split QuickSwap is preparing for a large-scale token split at a ratio of up to 11000:1. This initiative aims to lower the price of a single QUICK token, making it more attractive to new users. After the split, the supply of QUICK tokens will significantly increase, which is expected to enhance its liquidity and trading activity.

2️⃣ The split plan may drive a short-term price rise Token split announcements often draw market attention and may lead to a short-term rise in the price of QUICK. This could be one of the main reasons for the recent 5.44% rise in QUICK. Investors may be positioning themselves in advance in hopes of obtaining more tokens after the split.

3️⃣ The market maintains a cautiously optimistic attitude towards DeFi projects Although the overall cryptocurrency market is still in a phase of adjustment, the proactive measures taken by DeFi projects like QUICK demonstrate the continued innovation in the industry. This spirit of innovation helps maintain investor confidence in the DeFi sector and may be a potential factor supporting the rise of QUICK's market capitalization.

From a technical perspective, QUICK continues to rise after breaking through the $25 mark, showing strong upward momentum. However, investors still need to closely monitor the specific implementation of the splitting plan and its actual impact on the market.

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