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Cryptocurrency market is definitely experiencing very volatile days and the leading cryptocurrency Bitcoin (BTC) has achieved an unexpected rise. It seems that the real explosion comes from CyberConnect (CYBER). Although the positive news from the SEC and the development of BTC ETF by Grayscale have slightly moved the market, it is seen that the real explosion comes from the side of CyberConnect (CYBER). CYBER, which was pre-sold on CoinList, has gained over 100% rise in 24 hours.
CYBER Price Starts to Rise
CYBER was recently listed on Binance after being released for sale. CYBER, which is on the radar of two major cryptocurrency exchanges, can be bought and sold from almost all exchanges. However, the recent rise has surprised even its followers.
CYBER has gained exactly 100% rise in the last 24 hours, reaching $7.38 level. With a total market value of $81 million, CYBER has also managed to exceed $300 million in volume within 24 hours. While the total supply of CYBER tokens is 100,000,000, there are only 11 million in circulation. This brings the yet unrealized total value of CYBER to $739 million.
CYBER Price is Rising – 400 Percent!
The main reason behind the rise in CYBER price seems to be the Binance announcement. Binance has included CYBER in its Earn program. Users can earn various cryptocurrency rewards through Binance Earn.
Binance announced that $50,000 worth of CYBER rewards will be distributed to users who participate in the Earn program and answer certain questions.
When Cyberconnect was launched on CoinList, it was offered to users at a price of $1.80. This means an increase of about 400%.
Cyber, a SocialFi-focused project, aims to integrate user-focused applications into the social network infrastructure. Among the projects already present in the CYBER infrastructure are Link3, Phaver, ReadON, Dopamine, Oasis, Mocaverse, and Galxe. It is observed that the price of CYBER is currently inflated and the price may start to consolidate at a lower point in the coming days. The first support level is highlighted as $6.2.
