MAT (Matchain) has pumped 41.04% in the last 24 hours.

Gate News Bot news, on August 4th, according to CoinMarketCap data, as of the time of writing, MAT (Matchain) is currently priced at 0.36 USD, with a rise of 41.04% in the last 24 hours, peaking at 0.64 USD and dipping to a low of 0.25 USD. The current market capitalization is approximately 2.6 million USD, an increase of 757,200 USD compared to yesterday.

Matchain is a decentralized AI blockchain that focuses on data and identity sovereignty, utilizing advanced AI technology for data aggregation, analysis, and user profiling to enhance decentralized identity solutions and data management.

Important news about MAT recently:

1️⃣ The global launch conference for AI large models was successfully held The AI large model global launch conference held by Match in Bangkok, Thailand was a complete success. The AI large model released this time is specifically designed for the Web3 field, focusing on on-chain data analysis and intelligent strategy generation, aiming to help users efficiently manage assets and enhance decision-making intelligence analysis capabilities. This progress may bring more attention and application scenarios to the Matchain project, driving the value rise of the MAT token.

2️⃣ Web3 Smart Wealth Entry Strategic Layout Match is committed to becoming the "Web3 Smart Wealth Entry" for global users. This strategic positioning is highly aligned with Matchain's decentralized AI blockchain concept, which is expected to enhance MAT's status and utility in the Web3 ecosystem, providing long-term support for its price rise.

3️⃣ The official launch of the AI large model is imminent The AI large model of Match will officially launch on August 1, with the first phase of features covering core modules such as on-chain data insights, asset strategy recommendations, and RAG enhanced reasoning. These features complement Matchain's data aggregation and analysis capabilities, which may attract more users and developers to join the Matchain ecosystem, thereby driving the rise in demand for MAT token.

From a technical perspective, the MAT token has recently broken through an important resistance level, showing strong pump momentum. However, considering the high volatility of the cryptocurrency market, investors still need to cautiously monitor potential pullback risks.

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