FOX (Shapeshift FOX Token) rose 29.89% in 24 hours.

Gate News Bot news, on September 12, according to CoinMarketCap data, as of the time of writing, FOX (Shapeshift FOX Token) is currently priced at 0.03 USD, having risen 29.89% in the last 24 hours, reaching a high of 0.04 USD and a low of 0.03 USD. The current market capitalization is approximately 26.8 million USD.

ShapeShift is a multi-chain cryptocurrency trading platform that provides users with a one-stop service for trading, tracking, earning, and exploring cryptocurrencies. The platform supports trading of various crypto assets, including Bitcoin and Ethereum, and offers DeFi functionality. FOX is ShapeShift's governance token, allowing holders to participate in platform decision-making. ShapeShift emphasizes its community ownership, privacy, and non-custodial features, enabling users to have complete control over their digital assets.

Important news about FOX recently:

1️⃣ Fox Corporation partners with TIME to launch blockchain verification protocol Fox Corporation announced a partnership with the renowned publisher TIME to incorporate it into the Verify protocol based on Polygon. This is the first partnership from the publishing industry for the Verify protocol, marking an important step in the application of this technology in the media sector. This move is expected to enhance the practical application value of the FOX token in content verification and combating misinformation.

2️⃣ Blockchain technology helps combat media misinformation Fox Corporation is actively exploring the use of blockchain technology to verify the authenticity of news, in response to the challenges of false information in the current media environment. This initiative not only highlights Fox's emphasis on new technologies but also opens up new possibilities for the application of the FOX token in the news media ecosystem.

3️⃣ Fox Corporation deepens collaboration with Polygon Labs Fox Corporation's collaboration with Polygon Labs has further deepened, with both parties jointly developing the Verify protocol based on Polygon. This strategic partnership not only enhances FOX's influence in the blockchain field but also lays the foundation for its applications on high-performance, low-cost blockchain networks.

The significant rise in the price of FOX token may be closely related to these positive technical and business developments. However, the cryptocurrency market still has high volatility, and investors need to carefully assess risks when making decisions.

This message is not an investment advice, and investors should be aware of market volatility risks.