0G Token Sees 5.32% Drop Amid Protocol Upgrades and Mainnet Release Anticipation

0GUSDT experienced a 5.32% price decrease over the past 24 hours, with the current price at 0.516 USDT (as per Binance data). This recent decline is attributed to a combination of protocol upgrade activity—specifically the temporary pause on deposits and withdrawals—which may have impacted market confidence and liquidity. Additional factors include ongoing price volatility noted in market updates and reduced trading volume, as well as a period of heightened uncertainty following the announcement of upcoming major network developments, such as the anticipated 0G Compute Mainnet Release.

Trading activity remains significant, with 24-hour volumes ranging from $11.26 million to $22.9 million, and the market capitalization is estimated between $112 million and $138.85 million. The circulating supply is reported between 213.24 million and 262.48 million 0G tokens, with a total supply capped at 1 billion. Overall, 0GUSDT continues to see active trading on multiple exchanges, but recent technical upgrades and market anticipation for future developments have contributed to short-term price volatility and the observed decrease.