• • PROVE is currently trading at $0.886, up 1.78% after launch with a market cap of $172.92 million and a 24-hour trading volume of $180.23 million

  • • PROVE reached an all-time high against the Japanese Yen (JPY) at ¥146.46, with an increase of 8.46% against the Japanese Yen

  • • The limited circulating supply of 19.5% (195 million out of a total of 1 billion tokens) may contribute to price volatility

Key drivers of growth

  • • Binance is actively promoting PROVE through trading challenges offering rewards for participants

  • • The strategic position as a decentralized proof network supporting over 35 protocols and securing a total ecosystem value of $4 billion

  • • The distribution of 15 million tokens in the Hodler Airdrop (1.5% of the supply) has increased market awareness and participation

  • • PROVE has been listed on the Binance Simple Earn service, enhancing accessibility and encouraging holding

Trading strategy and outlook

  • • Monitor key resistance levels: the psychological barrier at $1.00 and the previous all-time high (ATH)

  • • Multiple trading pairs (USDT, USDC, FDUSD, BNB, TRY) provide opportunities for profit through arbitrage

  • • Consider accumulation during pullbacks or by participating in trading events on Binance

  • • Pay attention to the increase in circulating supply that may affect price dynamics as the zero-knowledge proof infrastructure sector continues to expand

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