CORE Token Surges 280% In A Week: What’s Behind The Rally?

Investors in the cryptocurrency space have been closely monitoring the remarkable ascent of Core DAO’s native token, CORE, which has experienced an impressive surge of over 280% within just one week.

This surge has propelled CORE to the 45th position in the market cap rankings, boasting a staggering $3.10 billion market capitalization, indicative of its significant influence within the market. Moreover, the trading volume of CORE has seen a notable increase of 143% in the past 24 hours, signaling heightened market liquidity and heightened investor attention.

Several factors are believed to have contributed to this remarkable price rally. Firstly, developers have been actively pitching their project builds on the Core Chain, as highlighted during the recent ETHMumbai 2024 event. 

Devs pitching their project build on Core Chain at @ethmumbai