
Niner 🍡九儿|Aug 12, 2025 12:41
Prove has been rising quite well these days, but there has been a slight pullback today. The reason for the short-term increase should be due to the addition of Binance spot, followed by CB and UP. However, whether it can support value in the long run depends on the fundamentals
Prove is the second salary that Binance has paid to BNB holders this month. They airdropped 438 of them to me, with a high point of about 900u, but I naturally did not sell at the high point.
Succinct Labs is a zero knowledge proof network based on Ethereum, with a team of cryptography and blockchain experts from MIT, Google Brain, and other backgrounds. Paradigm was the lead investor in both the seed and Series A rounds, and raised a total of $55 million in two rounds of funding. At present, the total market value is 1.5 billion US dollars, and the circulating market value is 290 million US dollars.
Today I saw a data that Binance Alpha has airdropped over 100 projects in the past few months. Based on incomplete statistics, it is estimated that a single account has a revenue of around 7000u, and with so many airdrops, many projects are not at their peak
Take Prove as an example, when it was listed as alpha, it was around 0.4. After being listed as spot, it gradually increased to 0.6 and then to 1.9. There is a lot of room in between, and according to statistics, there are still many projects where alpha continues to rise. I have said before that getting into alpha doesn't require brainless effort, so now I always research projects that need to be launched into alpha. Compared to the brainless launch of new coins a while ago, it is still necessary to study whether to buy or sell them now.
In addition to Prove, Velvet $m rion XNY also performed well. They stole a picture of Sun Moon Xiao Chu to show off.
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