PTB (Portal To Bitcoin) rose 58.74% in the last 24 hours.

Gate News Bot news, September 12, according to CoinMarketCap data, as of the time of writing, PTB (Portal To Bitcoin) is currently priced at 0.06 USD, with a 24-hour pump of 58.74%, reaching a high of 0.08 USD and a low of 0.04 USD. The current market capitalization is approximately 104 million USD, an increase of 38.6 million USD compared to yesterday.

Portal To Bitcoin is a project focused on providing cross-chain infrastructure for the Bitcoin ecosystem. Its core product, BitScaler, aims to enable permissionless cross-chain contracts on Bitcoin through non-custodial delegation, offering scalability solutions for DeFi and other Web3 applications. Portal also provides tools such as liquidity routing, exchange SDK, and reference wallets to promote the development of the Bitcoin ecosystem and cross-chain interoperability.

Recent important news about PTB:

1️⃣ Gate Launchpool Staking Mining Event Starts Gate launched a 10-day Launchpool staking mining event from September 4 to 14. Users can share a total token reward of 2,368,000 PTB by staking BTC or PTB. This event not only provides an additional earning opportunity but also helps to increase the liquidity and user participation of PTB, making it one of the important factors driving the continuous rise in PTB prices.

2️⃣ Comprehensive Trading Features Launched Gate officially launched PTB spot trading on September 3rd, and subsequently opened a complete set of trading functions including perpetual contracts, leveraged trading, Yubi Bao wealth management, flash exchange, and dollar-cost averaging. This comprehensive trading support provides diverse participation methods for different types of investors, significantly enhancing PTB's market depth and activity, laying the foundation for its price rise.

3️⃣ Multiple benefit events stimulate market heat Gate has launched a series of PTB token reward activities, including airdrops for GT holders, CandyDrop, and contract trading competitions, with a total distribution of 6 million PTB. These activities have significantly increased the exposure of PTB and the enthusiasm of investors, becoming an important catalyst for the strong rise in PTB prices in the short term.

PTB, as a project focused on Bitcoin cross-chain solutions, has unique technological innovations and market positioning. With its full launch on mainstream trading platforms and the opening of diversified trading functions, PTB's market performance has shown significant improvement. However, investors still need to carefully evaluate the project's long-term development prospects and potential risks.

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