RICE (RICE AI) increased by 20.68% in the last 24 hours.

Gate News Bot news, on August 19, according to CoinMarketCap data, as of the time of writing, RICE (RICE AI) is currently priced at $0.06, with a 20.68% rise in the last 24 hours, peaking at $0.08 and dropping to a low of $0.04. The current market capitalization is approximately $11.9 million, an increase of $2.04 million compared to yesterday.

Important news about RICE AI recently:

1️⃣ Completed Series A financing, attracting well-known investors RICE AI successfully completed its Series A financing on August 15, with FLOKI participating as the lead investor. This financing also attracted investments from well-known institutions such as DWF Labs, TokenFi (through community presale), and Vibe Labs. The completion of this round of financing not only injected new funds into RICE AI but also demonstrated the industry's recognition of its development prospects.

2️⃣ Potential Increase in Project Valuation The successful completion of the Series A financing may increase the overall valuation of the RICE AI project. The participation of investors not only brings financial support but may also provide strategic resources and industry experience, helping RICE AI in further development in the field of decentralized AI development.

3️⃣ Increased market confidence drives price rise After the financing news was announced, the price of the RICE token saw a significant rise. The 20.68% increase within 24 hours may be closely related to this news, reflecting investors' positive expectations for the future development of RICE AI.

From a technical perspective, the RICE price fluctuates between 0.04 and 0.08 USD, indicating a strong market activity. The current price of 0.06 USD is at the midpoint of this range, making the future trend worth monitoring.

This message does not constitute investment advice, and investors should be aware of market volatility risks.