XPIN (XPIN Network) has pumped 19.90% in the last 24 hours.

Gate News Bot news, on October 22, according to CoinMarketCap, as of the time of writing, XPIN (XPIN Network) is currently priced at 0.00444852 USD, with a rise of 19.90% in the last 24 hours, reaching a high of 0.00511753 USD and a low of 0.00107141 USD. The current market capitalization is approximately 716,000 USD, an increase of about 1,190,000 USD compared to yesterday.

XPIN Network is a decentralized wireless network platform dedicated to providing secure and autonomous network connection services. Its main products include XPIN eSIM and XPIN PowerLink. The XPIN eSIM covers 149 countries and regions and supports automatic switching to the strongest signal carrier. XPIN PowerLink is the world's first hotspot device that supports mining, providing users with high-speed network and charging services while earning rewards. XPIN Network plans to launch products such as XPIN BOX and XPIN BASE STATION in the future to further expand its ecosystem.

Recent important news about XPIN:

1️⃣ System security upgrades boost investor confidence XPIN Network launched a rapid security upgrade on October 8, while suspending withdrawal functions to ensure the safety of user assets. This move highlights the project's emphasis on network security and may enhance investors' confidence in the long-term development of XPIN, becoming an important driving force behind the recent continuous price rise.

2️⃣ Withdrawal function suspension affects short-term market liquidity The temporary interruption of the withdrawal function has led to limited short-term liquidity for XPIN, which may be one of the reasons for the recent increase in price volatility. However, the XPIN Network has promised that withdrawals will resume immediately after the upgrade is completed, and this commitment has somewhat alleviated market concerns, providing support for the token price.

3️⃣ Security upgrades strengthen long-term development prospects Although system upgrades may affect user experience in the short term, enhancing system security is beneficial for the sustained and stable operation of the XPIN Network in the long run. This initiative lays a more solid technical foundation for the future development of XPIN, enhances the overall competitiveness of the project, and may be an important reason why investors are optimistic about its future development.

From a technical perspective, XPIN has shown a continuous pump trend for several days, with a single-day rise of up to 138.03% on October 17, indicating strong upward momentum. However, the suspension of withdrawal functions may affect short-term liquidity, and investors should closely monitor the progress of the system upgrade and the specific timeline for the restoration of withdrawal functions to assess potential risks and opportunities.

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