Gate News, May 8 — According to Gate market data, as of the time of publication, FOREST (FOREST Protocol) is trading at $0.07156. It is up 245.94% over the past 24 hours, reaching a high of $0.09347 and a low of $0.02093. The 24-hour trading volume is $218.2k. The current market cap is approximately $5.7964 million.
Forest Protocol is an innovative protocol that combines a launchpad platform with an AMM mechanism. It is designed to help creators issue Playable Tokens—plug-and-play miniature in-app applications built with self-sustaining economic models. The protocol is built by a team with more than 10 years of experience in game and application development, supported by an extensive network of partner studios, with the aim of becoming a core on-chain launch power platform. With a permissionless launchpad architecture, FOREST will help top product and game teams achieve full on-chain deployment.
Its flagship project, Zeeverse, has more than 20k daily active players on average, and its Telegram mini-game registration users have surpassed 300k. FOREST has received investments from institutions including Mechanism Capital, TreasureDAO, Cherubic Ventures, Comma3, and PWMC. Angel investors include industry leaders such as Twitch co-founder Kevin Lin, Dingaling, MrBlock, and Andrew Kang.
This information is not investment advice. Investors should be mindful of risks from market volatility.
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