CYBER (Cyber) rose 12.85% in the last 24 hours

Gate News Bot news, August 18, according to CoinMarketCap, as of the time of writing, CYBER (Cyber) is currently priced at $2.85, with a rise of 12.85% in the last 24 hours, reaching a high of $4.56 and a low of $1.84. The 24-hour volume reached $376 million. The current market capitalization is approximately $146 million, an increase of $16.6 million compared to yesterday.

CYBER is an Ethereum Layer 2 solution focused on supporting Web3 social interactions. The Cyber Network is an Ethereum Layer 2 that introduces social primitives on-chain, aimed at unlocking new connections, creations, and experiences in cryptocurrency for both humans and AI. Cyber.AI is an AI suite that provides cryptocurrency intelligence for builders, agents, and users. Surf is an AI cryptocurrency co-pilot that helps users make smarter and faster cryptocurrency decisions.

Important recent news about CYBER:

1️⃣ Surf Copilot launches to promote price rise CYBER has partnered with Surf AI to launch Surf Copilot, an AI cryptocurrency assistant that integrates on-chain metrics, social data, and market data to help users make smarter and faster cryptocurrency decisions. The launch of the new product has significantly enhanced the practicality and market attention of CYBER and is one of the main factors driving the price to rise nearly 50% in a single day.

2️⃣ Exchange adds trading pairs to expand liquidity A large centralized exchange has launched the CYBER/USDT trading pair, bringing significant new volume and capital inflow to CYBER. This move has greatly enhanced the market liquidity and accessibility of CYBER, becoming an important catalyst for the price rise.

3️⃣ The rise of Web3 social enthusiasm drives ecosystem development As an Ethereum Layer 2 solution focused on Web3 social, CYBER benefits from the overall recovery of the cryptocurrency market sentiment and the rising popularity of Web3 social concepts. Its unique social primitives and AI integration solutions have attracted more attention from developers and users, driving the rapid development of the ecosystem.

From a technical perspective, the CYBER price has experienced significant volatility in the short term, reaching a high of $4.56 within 24 hours before falling back to $2.85. Despite the pullback, it still maintains a rise of 12.85% overall. The notable increase in volume indicates that market interest in CYBER is on the rise, but investors should closely monitor the performance of price support levels to assess future trends.

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