Gate News Bot Message, December 25th, according to CoinMarketCap market data, IR (Infrared) is currently priced at $0.16, up 26.55% in the past 24 hours, with a high of $0.31 and a low of $0.13. The 24-hour trading volume reached $58.8 million. The current market capitalization is approximately $32.7 million, an increase of $6.86 million from yesterday.
Infrared is a liquidity solution protocol built on Berachain, which simplifies the interaction of Proof of Liquidity (PoL) to help users participate in liquidity mining with one click. The core products of the protocol include PoL vaults, iBGT, and iBERA, corresponding to liquidity mining mechanisms, liquidity BGT tokens, and liquidity BERA staking solutions, respectively. Infrared is committed to providing user-friendly liquidity products, maximizing value capture, and enhancing the Berachain ecosystem experience and growth through building a PoL ecosystem.
Important recent news about IR (Infrared):
1️⃣ Gate Platform Derivatives Tools Launch to Expand Trading Depth
Gate has launched IR perpetual contract spot trading and leverage lending functions, supporting 1-20x leverage trading. Simultaneously, the launch includes Gate Perp DEX perpetual contracts, unified account lending, isolated margin trading pairs, as well as multi-asset trading tools like flash swaps and dollar-cost averaging, further improving IR’s trading ecosystem on the platform. The introduction of these derivatives features provides market participants with more flexible trading options, enhances capital participation in IR, and may offer structural support for recent price increases.
2️⃣ Market Recovery After Initial Liquidity Release on the Exchange
Since IR was first listed for spot trading on the Gate platform on December 17, it experienced a typical initial sell-off phase. After reaching a high of $0.35 on December 18, the price sharply retraced to $0.25, a 27.04% decline, reflecting market momentum from airdrop distributions and pre-deposits being sold off in bulk. After a week of adjustment and market supply pressure release, the current price of $0.16 may represent the market’s reassessment of IR’s fundamental value. The 26.55% increase in 24 hours indicates the market has digested early negative factors, and participants’ recognition of the project’s long-term value is rising.
3️⃣ Balancing Ecosystem Value and Market Liquidity
IR’s core ecosystem products (PoL vaults with a maximum APR of 1190.18%, iBGT APR 85.95%, iBERA APR 3.06%) and a TVL of $231 million provide substantial support for the project’s fundamentals. The Gate platform’s launch of copy trading and trading bot services makes it more convenient for community users to participate in ecosystem yields. These ecosystem data and trading features, after the initial liquidity release, gradually translate into price support, driving the current price recovery.
This message is not investment advice; please be aware of market volatility risks.
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
Bitcoin Breaks Through $74,000, Reaching Six-Week High, Driven by Short Liquidations and ETF Fund Inflows
On March 16, Bitcoin's price surged to approximately $73,892, marking a six-week high, with intraday prices briefly breaking through $74,000. Over the past 24 hours, it has risen 3.4%, demonstrating independent movement amid global market pressure. Short liquidations have driven the price increase, while spot Bitcoin ETFs have attracted institutional capital with consecutive three weeks of net inflows. Market analysis suggests that ETF capital inflows and spot demand will continue to drive Bitcoin's price upward.
GateNews2m ago
Solana Price Rejected at $90 as ABC Correction Targets Lower Support
Key Insights
Solana price rejected the $90 resistance zone as sellers defended the range high, increasing the probability of a corrective market phase.
The current structure suggests an ABC correction where the recent rally may represent the B leg before potential downside continuation
CryptoFrontNews8m ago
Crypto Prices React as Uncertainty Looms Over Rate Cut and Consumer Sentiment
Crypto prices are recovering, led by ETH's 7.56% increase. Anticipation builds for a potential rate cut by the US Fed in September, as consumer sentiment declines amidst concerns over personal finances and geopolitical issues.
TheNewsCrypto16m ago
Bitcoin Breaks Key Resistance, $78,000 Target in Sight, but Pullback Risk Remains
Bitcoin's price recently surpassed $73,700, increasing by nearly 11%, influenced by a cup and handle formation. The upward movement faces resistance at $74,300, and there is a short-term risk of a pullback. Decreased spot supply supports the price, while leverage in the derivatives market has declined, indicating cautious market sentiment. Investors should monitor key price levels and short-term fluctuations.
GateNews17m ago
Former Ripple CTO confirms that destroying escrowed XRP does not drive the price, with Ripple outperforming XLM in the market.
Ripple's Chief Technology Officer David Schwartz points out that burning escrowed XRP tokens would not significantly boost the price, and provides historical data of XLM burns as evidence. He emphasizes that market prices depend more on supply and demand dynamics and investor confidence, rather than mere token burning. This perspective may influence XRP community expectations, prompting attention to actual market demand.
GateNews20m ago
