MBL (MovieBloc) rose 30.65% in the last 24 hours

Gate News Bot news, October 09, according to CoinMarketCap data, as of the time of writing, MBL (MovieBloc) is currently priced at 0.00246901 USD, having pumped 30.65% in the last 24 hours, with a peak of 0.00323251 USD and a low of 0.00187816 USD. The 24-hour volume reached 83.4 million USD. The current market capitalization is approximately 46.4 million USD, having risen nearly 10.9 million USD compared to yesterday.

Important recent news about MBL:

1️⃣ Monitoring Tag Removal Positive MBL (MovieBloc) has been removed from the monitoring label of a well-known trading platform. This change may be interpreted by the market as a positive signal, indicating that the MBL project has reduced risk, thereby stimulating investors' buying enthusiasm.

2️⃣ Market confidence rises The removal of the monitoring label may prompt more investors to reassess the investment value of MBL. This initiative helps improve MBL's reputation in the cryptocurrency community and may attract more capital inflow.

3️⃣ Potential Liquidity Increase With the easing of regulatory pressures, trading MBL on major exchanges may become more convenient. This could lead to the opening of more trading pairs, thereby increasing the market liquidity of MBL.

From a technical perspective, the strong rise in MBL price accompanied by a significant increase in volume indicates a positive market reaction to the news. However, investors should remain cautious of the potential pullback risk in the short term.

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