BARD (Lombard) 24-hour pump 9.72%

Gate News Bot report, on September 26, according to CoinMarketCap, as of the time of writing, BARD (Lombard) is currently priced at $1.15, having risen 9.72% in the last 24 hours, with a high of $1.52 and a low of $0.89. The current market capitalization is approximately $258 million, an increase of $22.9 million compared to yesterday.

Lombard is a full-stack infrastructure project focused on bringing Bitcoin into on-chain capital markets. Established in 2024, the project pioneers the integration of Bitcoin in the DeFi space through LBTC, a leading liquid staking token. LBTC is secured by an alliance of top-tier institutions. Lombard is building a complete infrastructure to accelerate the adoption of on-chain BTC by holders, protocols, and platforms. The project is backed by well-known institutions in the digital asset space, including top DeFi protocols, institutions, and exchanges.

Important news about BARD recently:

1️⃣ BARD price rises significantly in the short term The price of BARD has seen a significant pump in the last 24 hours, with an increase exceeding 55%, reaching a high of $1.45. This strong price performance reflects the market's continued optimism towards the Lombard project, and may also be related to the new activities recently launched.

2️⃣ Yapper Season 2 Event Starts The Lombard project announced on September 25 that the Yapper Q2 event has officially launched. This event is expected to further enhance community engagement and user activity for BARD, bringing new growth momentum to the project.

3️⃣ Gate launches multiple financial services for BARD Gate launched the BARD perpetual contract spot trading on September 18, and simultaneously opened multiple financial services, including unified account lending, isolated margin trading, and Yubi treasure wealth management. The introduction of these services has significantly enhanced the liquidity and trading convenience of BARD, providing strong support for its price rise.

From a technical perspective, the price of BARD has seen a strong rebound after a previous correction, breaking through the prior high of $1.61, indicating strong pump momentum. However, considering the high volatility risks typically faced by newly listed tokens, investors should remain vigilant and closely monitor market changes.

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