【Succinct ( $PROVE ) Daily Review Analysis｜Data, Unlock, Airdrop】

@Succinct i The opportunity for 'One Fish, Three Meals' has arrived

Unlock $100,000 of $PROVE

$PROVE successfully launched on Binance Alpha on August 5 at 15:00 UTC, with a highly volatile performance on the first day but overall strong resilience.

Opening price $1.34, peaked at $1.52+, closed at $1.18, daily decline of 12%. The airdrop mechanism covers about 50,000 Alpha users and many BNB holders, totaling 2% of the supply. 99% of the supply is locked for at least 12 months, with limited short-term selling pressure.

1⃣ Core Data (August 6)

- Market Capitalization Performance:

Market cap at launch: ~ $275 million

Ending market cap: ~ $230 million

Circulating supply: 195 million coins (19.5% of total supply)

- Trading Activity:

Extremely high trading volume, exceeding $1 billion during peak periods

Calculated volatility: 0.56 (extremely high level)

Typical new coin launch pump-dump pattern, but showing V-shaped rebound resilience

2⃣ Airdrop Activity Details

Airdrop Distribution Structure

Alpha Airdrop 5 million coins Account for 0.5% of total supply

HODLer Airdrop 15 million coins Account for 1.5% of total supply

3⃣ Token Structure

-Key Unlock Nodes

Current Circulation: 195 million coins (19.5%)

Next large-scale unlock: August 5, 2026 (~23.3% of supply)

Full circulation: August 2029 (4-year linear release completion)

-Short-term selling pressure analysis:

Only 2% of the supply enters the market through airdrop

99% of tokens locked for at least 12 months

Main selling pressure comes from airdrop recipients, not from the team or institutions

4️⃣ Creator Task Board

Complete tasks 1, 2, 3, and 4 or 5, the more related posts you create, the greater your reward. Rewards are based on the number of posts and engagement.

Event Time:

2025-08-06 12:00 - 2025-11-06 12:00

Rewards

$100,000 of PROVE

Succinct is clearly positioned as "proof middleware", similar to Chainlink's role in the data feeding field. If low-cost, high-throughput proof generation is successfully executed, $PROVE has the potential for practical driving demand across multiple L2s and cross-chain bridges.

Tag @Succinct , use hashtag #SuccinctLabs and $PROVE

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