$PROVE PRICE TARGET:
Binance Square (their content platform) shared bullish views, noting recent chart patterns and volume surges, and projected that PROVE may hit $2 soon .
2. RISKS & CAUTIONS:
Another Binance Square post advised caution: launches of new tokens like Prove Coin often bring extreme volatility. It urged investors to:
Avoid rushing in,
Research the project fundamentals,
Wait for price stabilization,
Use proper risk management strategies. .Binance appears cautiously optimistic about Prove Coin: there’s notable enthusiasm around its potential ($2 target), especially with the mainnet now running. Yet, they also advise caution—price swings are real, fundamentals matter, and patience pays off.Early Post-Listing Price Activity
Massive Drop After Listing
PROVE debuted above $1.10, with a market cap over $285 million—but promptly fell over 40%, dipping below $0.63 before rebounding toward ~$0.80 .
Mainnet Launch Impact With the Succinct mainnet going live on August 5, PROVE saw a bounce, touching around $1.50 as investors reacted to the technological milestone .
Technical Analysis Some analysts noted a breakout from an ascending channel followed by a symmetrical triangle pattern, suggesting potential continuation upward toward $1.56, though downside risks toward ~$1.20 are also possible .
#prove