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YALA (Yala) rose 36.28% in the last 24 hours.
Gate News Bot News, on November 28, according to CoinMarketCap, as of the time of writing, YALA (Yala) is currently priced at $0.05, having risen 36.28% in the last 24 hours, reaching a high of $0.05 and a low of $0.02. The current market capitalization is approximately $12.4 million, an increase of $3.29 million from yesterday. YALA currently ranks 945th in the global crypto assets market capitalization.
Important news about YALA recently:
1️⃣ **YU stablecoin seriously depegged**
The stablecoin YU on the Yala platform has experienced a severe de-pegging phenomenon, with its price dropping to the $0.1 range, a nearly 90% decline over the past 7 days. As a Bitcoin-backed stablecoin, YU was originally supposed to maintain a 1:1 price with the US dollar, but it has now completely lost its stablecoin functionality. This incident has severely impacted the Yala ecosystem.

