Gate News Bot Message, February 5th, according to CoinMarketCap data, as of press time, COLLECT (Collect on Fanable) is currently priced at $0.04, up 14.68% in the past 24 hours, with a high of $0.07 and a low of $0.03. The current market capitalization is approximately $20.2 million, an increase of $2.58 million from yesterday.
Collect Foundation is a platform that offers customized collectible experiences on-chain. Through the Fanable app, users can trade over 100,000 digital collectibles, including Pokémon cards, comic books, and trading cards. The platform allows collectors to store physical collectibles with trusted vault partners for secure custody, verification, and scanning, then seamlessly connect them to user wallets for instant trading. Currently, over 20,000 collectors are engaged in 24/7 trading activities on the platform.
Recent Important News about COLLECT:
1️⃣ Platform Ecosystem Expansion and User Base Growth
The Fanable app has accumulated over 20,000 active collectors. The platform maintains continuous daily trading, with an inventory of over 100,000 digital collectibles, providing users with a wide range of trading options. This ongoing trading activity and expanding user base lay a solid foundation for token growth.
2️⃣ Funding Support to Drive Platform Development
Fanable secured $11.5 million in funding to support the development of Pokémon collectibles and related features, reflecting market recognition of on-chain collectible trading. The injection of funds enhances the platform’s development capabilities and market competitiveness.
3️⃣ Token Incentive Mechanism Launch
The launch of the COLLECT token farm feature provides direct economic incentives for users participating in the platform ecosystem, helping to attract and retain active users and further boost platform liquidity and trading volume.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitunix Analyst: Margin reduction combined with oil price shocks shifts market pricing towards "higher interest rates for a longer period"
CME lowers precious metals futures margin requirements, signaling increased market liquidity. The Middle East conflict has driven up energy prices, leading to a reassessment of inflation risks. The interest rate market pricing has shifted, with easing expectations cooling down, and funds focusing on U.S. non-farm payroll data, affecting economic and liquidity trends. The crypto market is also impacted, with short-term volatility rising.
GateNews58m ago
Culper Research shorted ETH, BitMine: Ethereum has entered a death spiral, Fusaka upgrade fee collapsed by 90%
Short-selling firm Culper Research publicly shorted Ethereum (ETH) and BitMine (BMNR), accusing the Ethereum Fusaka upgrade of causing transaction fees to plummet by 90%. The firm warned that the risk of a "death spiral" is increasing and questioned the sustainability of Ethereum's economic model. Culper cited Vitalik's recent sale of 20,000 ETH, indicating the founder's negative outlook on the current situation, and challenged the interpretation of active address growth, suggesting it may be the result of address poisoning attacks.
動區BlockTempo1h ago
Bittensor (TAO) Tests Crucial $180 Level Amid Renewed AI + Crypto Interest
Michaël van de Poppe's insights on TAO hint at a key resistance level at $180 that could lead to higher prices if surpassed. The token's tie to Bittensor and the AI-crypto narrative keeps it in focus as traders monitor its performance and volume for potential gains.
BlockChainReporter2h ago
HBAR Faces Renewed Pressure as $0.09 Support Weakens
Key Insights:
HBAR price repeatedly failed to clear value area high resistance, reinforcing overhead supply and weakening bullish momentum within the current range structure.
The $0.09 high timeframe support now defines short term direction as price rotates lower inside a clearly
CryptoFrontNews2h ago
Culper Research shorted Ethereum, citing the upgrade as the trigger for a death spiral
Culper Research report indicates that Ethereum's Fusaka upgrade caused excess block space, leading to a 90% drop in transaction fees, potentially entering a "death spiral" cycle, resulting in decreased staking demand and network security. The report mentions Vitalik Buterin selling large amounts of ETH, questioning Tom Lee's bullish outlook, and points out BitMine's loss risks held in Ethereum.
MarketWhisper2h ago
Pi Network Today's News: $0.20 Becomes the Bull-Bear Threshold, Token Unlock Adds Variables
Pi Network (PI) tokens recently surged in price, breaking through $0.1900, with a total increase of about 15%. Market sentiment has improved, and the fear index has risen back to 29. However, 20.8 million PI tokens will be unlocked on Saturday, which could increase selling pressure and pose a short-term risk to the price. If it can break through $0.1959, the target price is $0.2613; but a drop below the 50-day moving average could turn the trend bearish.
MarketWhisper2h ago
