RARE (SuperRare) rose 16.40% in 24 hours.

Gate News Bot news, on September 17, according to CoinMarketCap, as of the time of writing, RARE (SuperRare) is currently priced at 0.06 USD, with a 24-hour rise of 16.40%, reaching a high of 0.07 USD and a low of 0.05 USD. The 24-hour trading volume is 151 million USD. The current market capitalization is approximately 51.3 million USD, an increase of 7.23 million USD compared to yesterday.

Recent important news about RARE:

1️⃣ SuperRare NFT platform encounters security vulnerability The SuperRare NFT platform recently experienced a security vulnerability, resulting in a certain number of RARE tokens being illegally acquired. This incident has raised concerns in the market about the security of the SuperRare ecosystem and may be one of the main factors causing fluctuations in the price of RARE tokens.

2️⃣ NFT market overall recovery With the overall stabilization of the cryptocurrency market, there are also signs of recovery in the NFT sector. As the native token of a well-known NFT platform, the price performance of RARE is closely related to the overall trend of the NFT market, which may be an important background factor driving the rise in RARE prices.

3️⃣ SuperRare Platform Function Update The SuperRare platform may be undergoing functional optimizations or the development of new features to enhance user experience and platform competitiveness. These potential improvements may have bolstered investors' confidence in the long-term value of RARE, thereby supporting the rise in token prices.

From a technical perspective, after RARE breaks through the $0.06 mark, it may face some profit-taking pressure in the short term. Investors should closely monitor the security repair progress of the SuperRare platform and subsequent function updates, as these factors may have a significant impact on RARE's medium to long-term trend.

This message is not investment advice; investors should pay attention to market volatility risks.