**[ORE up over 56.5% in 24 hours, market cap rises to $90 million]** BlockBeats reports that on November 6, according to GMGN data, the price of Ore token (ORE), a mining project on the Solana blockchain, surged over 56.5% in 24 hours. The token price broke through $220, with a market cap rising to $90 million and a 24-hour trading volume of $11 million. The total supply cap of ORE is 21 million tokens, with 1 ORE minted every minute, allowing multiple miners to receive rewards simultaneously. In September 2024, Ore established Regolith Labs and completed a $3 million seed round of financing, led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC. BlockBeats reminds users that this token may lack practical use cases, and its price is highly volatile. Investment should be approached with caution.