According to BlockBeats, on September 23, the Bitcoin protocol Atomicals Protocol announced the release of a crowdfunding contract example based on the Atomicals Virtual Machine (AVM). The example utilizes ARC-20 tokens for fundraising. Deployers can set a time limit, represented by block height, and an authorized public key, allowing the withdrawal of ARC-20 tokens after the block height has passed.

Following this announcement, ATOM experienced a 62.4% increase in value over the past 24 hours, currently priced at $1.96.