BLACK (Blackhole) rose 36.96% in the last 24 hours

Gate News Bot news, on July 18, according to CoinMarketCap data, BLACK (Blackhole) is currently priced at 1.06 USD, with a rise of 36.96% in the last 24 hours, reaching a high of 1.07 USD and a low of 0.75 USD, with a trading volume of 510,200 USD in the last 24 hours.

Blackhole is a revolutionary DEX designed to serve as a unified liquidity center for all blockchain projects on Avalanche. It aims to address the industry's increasingly serious fragmentation issue by providing users with one-stop trading and liquidity services. The BLACK token has dual purposes within the ecosystem: it serves as a governance token that allows holders to participate in the decision-making process, and it also acts as an incentive token for high-value projects and community users. BLACK holders can lock their tokens to obtain veBLACK, thereby gaining voting rights, rewards, and fee sharing.

From a technical perspective, the price of BLACK has seen a significant pump in the past 24 hours, breaking through the 1 dollar mark, indicating strong rise momentum. However, investors should remain vigilant about the potential risk of a pullback.

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