SQD (Subsquid) has fallen 0.91% in the last 24 hours.

Gate News Bot news, on August 21, according to CoinMarketCap data, as of the time of writing, SQD (Subsquid) is currently priced at 0.12 USD, down 0.91% in the last 24 hours, with a high of 0.15 USD and a low of 0.11 USD. The current market capitalization is approximately 869,000 USD.

Subsquid is a data lake for Web3, providing services for AI agents. It is the first emerging open database network designed to meet the data needs of the autonomous AI era. The SQD network allows anyone, AI agents, or enterprises to access vast amounts of data with the $SQD token permissionlessly. $SQD incentivizes enthusiasts, developers, and institutions to participate through an innovative rewards system.

Important news about SQD recently:

1️⃣ Heidelberg Holding Company's Strategic Layout SQD Heidelberger Beteiligungsholding AG has begun acquiring SQD tokens and plans to rename the company to SQD AI Strategies AG. This strategic move highlights the recognition of the SQD project by traditional financial institutions and is expected to attract more institutional investors' attention and bring in capital inflows, positively impacting the long-term development of SQD.

2️⃣ Fetch.AI partners with SQD to advance the Web3 AI ecosystem Fetch.AI has formed a strategic partnership with Subsquid (SQD) aimed at advancing the development of AI agents within the Web3 ecosystem. This collaboration will combine Fetch.AI's AI technology with Subsquid's data indexing capabilities, promising to bring more practical application scenarios for SQD and enhance its influence and market value in the intersection of AI and blockchain.

3️⃣ SQD Token Expands Global Exchange Coverage The SQD token has recently been successfully listed on multiple global cryptocurrency exchanges. This move significantly enhances the liquidity and accessibility of SQD, providing a wider range of investors with the opportunity to participate, which is beneficial for the further expansion and value growth of the SQD ecosystem.

From a technical perspective, SQD's recent price fluctuation range has been between $0.11 and $0.15, indicating a certain level of market activity. On the fundamental side, with the increase in institutional participation and the expansion of the ecosystem, the SQD project is gradually gaining more market recognition. However, investors still need to closely monitor the project's long-term development and the overall market trends.

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