Gate News Bot news, on November 28, according to CoinMarketCap, as of the time of writing, AIN (Infinity Ground) is currently priced at $0.10, with an 18.11% rise in the last 24 hours, reaching a high of $0.11 and a low of $0.08. The current market capitalization is approximately $25.1 million, an increase of $3.86 million compared to yesterday.
Recent important news about AIN:
1️⃣ Visa dominates the crypto card market, with a monthly transaction volume of $365 million
Visa dominates the cryptocurrency card issuance sector, with a monthly transaction volume of up to $365 million. Among 13 representative cryptocurrency card projects, as many as 10 are related to Visa. Three payment projects, Rain Card, RedotPay, and Etherfi Cash, are the main drivers of Visa's transaction volume growth, with a total transaction volume of $320 million. This reflects the rapid development of the cryptocurrency payment sector, which may have a positive impact on the application scenarios and liquidity of crypto assets like AIN.
2️⃣ The prediction market is thriving, and Rain Protocol has received a substantial acquisition
Nasdaq-listed company Enlivex announced that it will invest $212 million to acquire the native token of Rain Protocol. Rain is a prediction market protocol launched on the Arbitrum chain in 2023, with a market capitalization of $1.8 billion. The prediction market has developed rapidly recently, with trading volume exceeding $28 billion this year, and it is expected to reach $95.5 billion in ten years. This trend may drive attention to the entire crypto market, indirectly pushing up the prices of assets such as AIN.
3️⃣ Regulatory attitudes are tightening, and crypto prediction platforms face challenges
Regulatory agencies in various states of the United States are intensifying oversight of crypto prediction platforms, accusing some platforms of engaging in unlicensed gambling. However, Polymarket has recently received CFTC approval to return to the U.S. market, indicating that the regulatory environment remains uncertain. This regulatory stance may have a ripple effect on the entire cryptocurrency market, and prices of most crypto assets, including AIN, may be affected as well.
From a technical perspective, the significant pump of AIN in the last 24 hours may be related to the overall improvement in cryptocurrency market sentiment. However, investors still need to closely monitor market trends and potential regulatory changes, carefully assessing investment risks.
This message does not constitute investment advice, and investors should be aware of the risks of market volatility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Did Kaspa (KAS) Price Just Hit Its Cycle Low? Analyst Breaks Down What Could Happen Next
Kaspa (KAS) may be nearing a price bottom as it approaches key technical indicators like Fibonacci levels and a long-term trendline. Analysts suggest the cryptocurrency could stabilize around $0.24, potentially paving the way for a future upward move towards $1, contingent on market conditions.
CaptainAltcoin2h ago
Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes
Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%.
The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours.
On March 12, Polkadot will reset
CryptoNewsFlash3h ago
Solana Eyes $90.6 Trigger Point as $83 Support Holds and Liquidation Pressure Builds
A large cluster of short positions faces liquidation if SOL reaches $90.6, potentially increasing volatility.
SOL trades between $83.00 support and $89.58 resistance, keeping price action compressed in the short term.
SOL posts a 0.8% daily gain and rises 0.7% against BTC, holding
CryptoNewsLand3h ago
Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?
XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.
CryptoNewsLand3h ago
Solana Nears $95 Resistance With $17B Volume Surge
Solana approaches a key resistance level near $95, with increased trading volume and open interest signaling active trader interest. The token is currently at $90.20, facing potential upward movement if it surpasses $95, but may test $85 if rejected.
CryptoFrontNews4h ago
Analyst Says Bittensor (TAO) Could Be Ready for a Spike – Here’s the Price Target
Bittensor (TAO) is standing out again after spending months moving sideways. The AI-focused token has been hovering near a key support zone, and some analysts believe the chart may be setting up for a larger move.
Crypto analyst Karamata shared a breakdown of the TAO chart, arguing that
CaptainAltcoin4h ago
