
SweetY🍐|Aug 06, 2025 09:22
As expected, Prove @ SuccinchLabs performed exceptionally well, reaching a peak of 3x after Binance went live, which slightly exceeded expectations. Let's break it down according to the previous statement of being on top of the university, having popularity, having high control disk, and stepping on hot topics
1. As of noon today, almost all of the exchanges with the largest number of users from China, South Korea, and the United States have been gathered, and bn+cb+upbit meet the conditions of abundant liquidity
2. There is heat: The most controversial point among people is that they feel that there are more people who have submitted it online, but compared to towns that were launched at the same time, heat is not a bad thing
3. High control panel: No significant selling pressure was observed
4. Step on the hot topic: The reason why ETH was mentioned in the previous article and the optimism of Wall Street institutions such as Ark towards ZK
These points are my own summary, not 100% guaranteed to win, but at least we need to have a clear understanding when betting on our research project.
Taking into account the opening situation, before being listed on Binance, the on chain price exceeded 1u, but after being listed on CEX, the price was 0.5u. Combining this aspect, it can also be seen that the cost-effectiveness of this price is relatively high at this time. As for being able to pull so much, it depends on the market situation and the strength of the project team.
Having more of these new coins is also good, and it is appropriate to have more rational thinking. Abandoning unnecessary emotions and biases, and dancing with funds is the level we need to consider.
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