Data: ORE increased by over 56.5% in 24 hours, with a market value rising to 90 million USD

According to GMGN data, the price of the Ore token ORE from the mining project on the Solana chain has increased by over 56.5% in 24 hours, breaking through $220, with a market capitalization rising to $90 million and a 24-hour trading volume of $11 million.

The total supply cap of ORE is 21 million tokens, with 1 ORE minted every minute, allowing multiple miners to receive rewards simultaneously. In September 2024, Ore established Regolith Labs and completed a $3 million seed round financing, led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC.

ChainCatcher reminds users that this token may have no actual use case, and its price is highly volatile, so investment should be approached with caution.