XPIN (XPIN Network) has pumped 17.09% in the last 24 hours.

Gate News Bot news, on October 10, according to CoinMarketCap data, as of the time of writing, XPIN (XPIN Network) is currently priced at 0.00126249 USD, with a rise of 17.09% in the last 24 hours, reaching a high of 0.00128915 USD and a low of 0.00082361 USD. The 24-hour volume reached 30.5 million USD. The current market capitalization is approximately 20.2 million USD, an increase of 2.94 million USD compared to yesterday.

XPIN Network is a decentralized wireless network platform dedicated to providing secure and autonomous decentralized wireless network services. The project covers over 200 countries and regions, offering high-speed wireless connections, supporting automatic network switching and multi-device connections. XPIN Network also incorporates DePIN and GameFi elements, allowing users to mine token rewards through physical devices like XPIN PowerLink and XPIN BOX. The project plans to launch the PowerLink product in the second quarter of 2025 and gradually achieve global expansion and community governance in the future.

Important news about XPIN recently:

1️⃣ System upgrade causes short-term fluctuations XPIN Network announced a rapid and secure system upgrade on October 8, temporarily suspending the withdrawal function to ensure the safety of user assets. This measure may lead to market fluctuations in the short term, but it also reflects the project's emphasis on security.

2️⃣ Withdrawal function suspension affects market sentiment The suspension of the withdrawal function may trigger concerns among some investors, leading to selling pressure in the short term. However, XPIN Network promises to resume withdrawals immediately after the upgrade is completed, which may help stabilize investor confidence.

3️⃣ Security upgrades or promote long-term development Although this system upgrade may temporarily affect user experience, in the long run, enhancing system security is beneficial for the continuous and stable operation of the XPIN Network, and may lay a more solid foundation for future development.

From a technical perspective, the significant rise of XPIN in the last 24 hours may be related to the market's positive expectations regarding the system upgrade. However, the suspension of the withdrawal function may lead to price fluctuations in the short term. Investors should closely monitor the progress of the system upgrade and the timeline for the restoration of the withdrawal function.

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