\$PROVE – Succinct’s Momentum Continues 🚀

Succinct (PROVE) jumped **+12.37% in the past 24h**, beating the broader market (+2.03%) and extending its **30-day gain to 24.55%.**

### Key Drivers Behind the Move:

**1. Upbit Listing Surge (Bullish)**

* South Korea’s largest exchange, **Upbit**, launched the **PROVE/KRW pair on Aug 11, 2025**, sparking a **303% jump in daily volume to \$194M.**

* Upbit drove \~70% of total trading, showing strong retail demand.

* 📌 *Watch for:* Volume staying above \$50M/day. A sharp decline could point to profit-taking.

**2. Airdrop Pressure Eases (Neutral to Bullish)**

* Binance’s **15M PROVE airdrop (7.7% of supply)** on Aug 5 caused a 40% dip, but claims have slowed since Aug 27.

* Of the \$31.15M eligible, only **\$19.85M remains unclaimed** (Dune).

* With fewer new tokens hitting the market, sell pressure is subsiding.

**3. Technical Levels Hold (Bullish)**

* Price bounced off the **7-day SMA at \$1.08**, with **RSI(14) at 48.52** (neutral zone).

* Support: \$1.05–\$1.08 accumulation area.

* Resistance: Break above **\$1.17** could target **\$1.30.**

### Conclusion

PROVE’s rally is being fueled by **reduced airdrop liquidity, Upbit-driven exposure, and solid technical support.** Momentum favors the bulls, though the token still trades **27% below its Aug 11 ATH of \$1.72.** With **80.5% of supply locked,** supply-side dynamics remain key.

@Succinct #SuccinctLabs \$PROVE #Succinct

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