PANews reported on November 27 that according to official news, the Gate.io Innovation Zone launched the $1 project at 20:40 (UTC+8) on November 25, 2024. The opening price was US$0.0033320 and the highest price reached US$0.039990, an increase of 1100% from the opening price.

It is reported that the Gate.io Innovation Zone is committed to integrating the advantages of spot trading and on-chain trading, innovatively lowering the technical threshold for users to participate in on-chain projects. Users do not need to operate Web3 wallets or manage private keys, and can directly participate in hot projects on the chain with only a Gate.io account, thereby accurately capturing early investment opportunities.