ARPA/USDT 24-hour News Highlights Analysis
In the past 24 hours, the ARPA/USDT trading pair has become a major highlight in the crypto market, with the price skyrocketing from about $0.013 to over $0.020, a rise of 54.1%, and trading volume surpassing $178 million, setting a new recent high.
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This surge is mainly attributed to ARPA Network's strategic transformation, with its privacy-focused Layer 1 platform combining AI, verifiable randomness, and restaking narratives, attracting significant investor attention.
On social platforms, traders have been sharing bullish signals, with long entry points in the $0.015-$0.022 range, targeting $0.025-$0.035.
Pump alerts are frequent, with a 10.22% increase within 15 minutes, accompanied by a shift in funding rates to positive, with long positions exceeding 67%.
Additionally, ARPA's partnership expansion, such as collaboration with OpenLayer to enhance data security, has also boosted market enthusiasm.
However, amid high volatility, some analysts warn of potential pullbacks, suggesting setting stop-loss orders below $0.019. Nevertheless, this hot topic reflects the resilience of privacy and AI narratives in a bear market, with ARPA's market cap nearing $20 million.
Looking ahead, if it breaks the 200-day moving average at $0.0187, ARPA may see a new round of upward movement, but investors should be cautious of overall market downside risks.
$ARPA
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