P (PoP Planet) rose 50.54% in the last 24 hours.

Gate News Bot news, on October 10, according to CoinMarketCap data, as of the time of writing, P (PoP Planet) is currently priced at $0.13, with a 50.54% rise in the last 24 hours, reaching a maximum of $0.15 and a minimum drop to $0.07. The current market capitalization is approximately $18 million, an increase of $6.06 million compared to yesterday.

PoPP is a human-centered Web3 social identity ecosystem. The platform aims to create a Web3 social identity platform tailored for each unique individual, allowing everyone to discover their digital identity and unleash the value contained in their personality. The core of PoPP's social network is every unique individual. This project builds social accounts based on the ERC-6551 protocol, utilizing decentralized digital identities to enable users to embrace the unique charm of the Web3 social network.

Recent important news from P:

1️⃣ The concept of Web3 social identity has attracted attention P (PoP Planet) is a project focused on Web3 social identity, and its core concept aligns with the current trend of rising demand for Web3 social interactions in the cryptocurrency market. The platform meets users' needs for personalized expression in a decentralized environment by providing each user with a unique digital identity, which may be an important driving factor behind the recent price pump.

2️⃣ ERC-6551 Protocol Application Enhances Technical Advantages The P project is built on the ERC-6551 protocol to create social accounts, and this technological choice demonstrates the project's foresight. As an emerging token-bound account standard in the Ethereum ecosystem, ERC-6551 provides more functionality for NFTs, helping P to create a richer and more interactive Web3 social experience. This technological advantage may attract more interest from investors and users.

3️⃣ Demand for decentralized digital identity rise With the popularization of the Web3 concept, the demand for decentralized digital identities among users is rising. Project P focuses on enabling users to discover and unleash their personal value in the Web3 environment, which aligns closely with market demand. The project's attention to users' personalized needs may be another key factor supporting its market performance.

From a technical perspective, P (PoP Planet) continues to rise after breaking through the $0.10 mark, currently stabilizing around $0.13, showing strong pump momentum. In the short term, $0.15 may become the next important resistance level. However, considering a daily rise of over 50%, investors should remain cautious of potential retracement risks.

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