ARC (AI Rig Complex) rose 41.36% in the last 24 hours.

Gate News Bot message, on November 28, according to CoinMarketCap data, as of the time of writing, ARC (AI Rig Complex) is currently priced at $0.05, having risen 41.36% in the last 24 hours, with a high of $0.05 and a low of $0.02. The current market capitalization is approximately $48.3 million, an increase of $1.41 million compared to yesterday.

Important news about ARC recently:

1️⃣ Cysic official account renaming suggests that mainnet launch is approaching The official X account of Cysic has been renamed to Cysic (Mainnet Arc), and several core team members have updated their identity badges. This move may signal the imminent release of the Cysic project's mainnet, which could also be accompanied by the long-awaited token airdrop event. This news has triggered positive market expectations for the prospects of the ARC project.

2️⃣ ARC price shows a clear upward trend ARC (AI Rig Complex) has shown a strong rise in momentum over the past few days. On November 25, ARC recorded a 34.15% rise in 24 hours, with market capitalization increasing by 8.55 million dollars to 33.36 million dollars. Following that, on November 28, ARC rose again by 41.36%, with market capitalization further climbing to 48.30 million dollars. This continuous price rise reflects the market's ongoing optimism towards the ARC project.

3️⃣ The heat of the AI track continues, favorable for ARC development As a cryptocurrency project focused on the field of artificial intelligence, ARC is benefiting from the widespread application and ongoing heating of current AI technology. The new feature Ryzome launched by the project, along with several core modules such as Registry, Forge, and Handshake, demonstrates ARC's innovative capabilities in the integration of AI and blockchain. These technological highlights help attract more attention from investors and users.

From a technical perspective, the price of ARC has shown a significant rise channel in the short term, breaking through multiple resistance levels. However, investors should remain cautious of the potential retracement risks that may arise after a rapid rise. From a fundamental standpoint, the continuous innovation of the ARC project and the upcoming mainnet launch event provide strong support for its long-term development.

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