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42 (Semantic Layer) 24-hour increase of 18.85%
Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, 42 (Semantic Layer) is currently priced at $0.06, up 18.85% over the past 24 hours, with a high of $0.06 and a low of $0.05. The 24-hour trading volume reached $1.95 million. The current market capitalization is approximately $8.38 million, an increase of $1.33 million compared to yesterday.
Semantic Layer is a programmable MEV supply chain solution dedicated to bringing better incentive alignment to dApps, achieving MEV internalization and ordering sovereignty. The project utilizes smart meta-transaction standards to make MEV distribution programmable, improving benefits for users and developers. Semantic Layer has received investments from well-known institutions such as Figment Capital, Hack VC, and Robot Ventures.
Recent Important News about 42 (Semantic Layer):
1️⃣ Risk asset rotation driving overall market sentiment rise Market expectations for the potential pardon of the FTX founder continue to persist, triggering a significant rise in risk assets represented by historically difficult projects. During this cycle of improved market sentiment, multiple tokens including Semantic Layer have regained investor attention, supported by improved capital flows. The 18.85% 24-hour increase of 42 reflects a phased warming of bullish market sentiment, with trading volume significantly increasing to $1.95 million.
2️⃣ Application layer innovation driving revaluation of infrastructure projects As a programmable MEV supply chain solution, Semantic Layer’s technical advantages in optimizing on-chain incentive mechanisms and improving benefits for users and developers are gaining renewed recognition in the market. In the context of rapid development of DeFi and application layer innovations, infrastructure projects capable of providing MEV management and ordering sovereignty optimization hold significant value. This technical differentiation makes it stand out among similar projects and attracts additional capital inflows.
3️⃣ Institutional support and market confidence continue to strengthen The project has received investment support from prominent institutions such as Figment Capital, Hack VC, and Robot Ventures. The participation of these top-tier investors has established a solid credibility foundation for the project. Continued attention and support from institutional capital, combined with the current market risk sentiment improvement, form a dual confirmation of the project’s value, reinforcing investor confidence.
This message is not investment advice. Investors should be aware of market volatility risks.