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TBC (Ten Best Coins) fell 4.42% in the last 24 hours.
Gate News Bot news, July 24, according to CoinMarketCap data, TBC (Ten Best Coins) is currently reported at $14845.76, having fallen by 4.42% in the last 24 hours, with a high of $15844.23 and a low of $14437.20, and a trading volume of $556,800 in the last 24 hours. Current market capitalization data is not available.
TBC is the token of Ten Best Coins, serving as a cryptocurrency basket that tracks the returns of the top 10 cryptocurrencies by market capitalization. The TBC code has been audited and received a AAA rating, making it suitable for both retail and institutional investors. It is essentially composed of the top 10 currencies, and purchasing TBC is equivalent to buying the top 10 currencies, allowing for the diversification of individual currency volatility risks. TBC is designed to make cryptocurrency more accessible for ordinary users and the general public interested in crypto, functioning as an ETF for the top ten best coins.
Important news about TBC recently:
1️⃣ TBC as a cryptocurrency ETF attracts investors' attention TBC (Ten Best Coins) is an innovative cryptocurrency ETF product that tracks the returns of the top 10 cryptocurrencies by market capitalization, providing investors with a diversified investment option to mitigate risk. This structure allows TBC to balance the volatility of individual cryptocurrencies, potentially attracting more investors seeking stability.
2️⃣ TBC code receives AAA rating to enhance trust The smart contract code of TBC has undergone rigorous auditing and has received an AAA rating. This high rating helps to enhance investors' confidence in the security and reliability of TBC. For ordinary users who are interested in cryptocurrencies but lack professional knowledge, this certification may become an important factor in choosing TBC.
3️⃣ The overall volatility of the cryptocurrency market affects TBC performance As an ETF tracking the top 10 cryptocurrencies, the price performance of TBC is inevitably influenced by the overall trends of the cryptocurrency market. Recent market fluctuations may be one of the main reasons for the 4.42% fall in TBC within 24 hours.
From a technical perspective, TBC has experienced a certain degree of pullback in the past 24 hours, but it remains above the price level of 14,000 dollars. Considering its unique ETF attributes, the price trend of TBC may exhibit stronger stability compared to that of a single cryptocurrency.
This message is not intended as investment advice; investors should be aware of market volatility risks.