Core Token Price Surges 10%, Breaking $0.56 Barrier

The CORE cryptocurrency experienced a notable price surge over the past 24 hours, reaching a peak of $0.5628. This marks a significant increase of 10.06%, propelling its market capitalization to $556.4 million with a surging trading volume of $27.54 million. Analysts attribute this surge to a combination of factors, including DeFi expansion and increased institutional interest. The token’s current price is positioned above key support levels, offering potential for further growth. 2023 saw Core emerging as the largest Bitcoin sidechain with over $400 million in Total Value Locked (TVL), showcasing its unique position within the DeFi ecosystem.