SQD (Subsquid) rose 11.67% in the last 24 hours

Gate News Bot news, September 19, according to CoinMarketCap, as of the time of writing, SQD (Subsquid) is currently priced at 0.09 USD, with a rise of 11.67% in the last 24 hours, reaching a high of 0.10 USD and a low of 0.08 USD. The current market capitalization is approximately 65.5 million USD, an increase of 6.85 million USD from yesterday.

Subsquid is an open database network that provides data services for AI agents. It allows anyone, AI agents, or enterprises to access vast amounts of data with SQD tokens without permission. The SQD token is designed to incentivize enthusiasts, developers, and institutions, providing an innovative reward system. The project aims to capture the value of open data, including deflationary mechanisms, revenue capture, and a sustainable reward system for node operators and delegators.

Important recent news about SQD:

1️⃣ Heidelberger Beteiligungsholding AG begins to acquire SQD tokens The German listed company Heidelberger Beteiligungsholding AG announced the start of acquiring SQD tokens and plans to rename itself to SQD AI Strategies AG. This move indicates the recognition of the SQD project by traditional financial institutions, which may enhance market confidence in SQD and drive its price rise.

2️⃣ SQD secures millions of dollars in investment, targeting the rapidly growing AI agent market SQD has successfully secured millions of dollars in funding, aimed at leading the rapidly growing AI agent market. This investment not only provides SQD with ample development capital but also highlights investors' optimism about its potential in the AI data services sector, which could become a key factor in driving the SQD price rise.

3️⃣ SQD's Continuous Development in AI Data Services As an open database network providing data services for AI agents, SQD occupies an important position in the rapidly developing AI market. With the continuous advancement of AI technology and the expansion of its application scope, SQD's value proposition may gain more recognition, which could be a long-term factor supporting its recent price rise.

From a technical perspective, SQD has broken through the $0.09 level, showing strong pump momentum. However, investors should still pay attention to the potential resistance near $0.10.

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