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📈 $PROVE Token Market Update – What’s Driving the Hype?
🚀 Price Action:
• $PROVE
just touched $1.36, getting close to its all-time high of $1.50
• In the last 24h, trading volume hit a massive $688M
• Strong support at $1.20, with 65% of supply locked for the next 12 months
• But heads up: 96% of tokens are held by big players (whales)
🔧 Tech Behind the Pump:
• Prover Network mainnet launched on August 5 – now live!
• It's a decentralized marketplace where hundreds of provers work across 35+ blockchains
• Works with Ethereum, Solana, and L2s, helping secure $4B+ in TVL
• Uses zero-knowledge privacy tech that matches GDPR rules – big plus for regulation
📊 Trading Strategy:
• Watch key levels: Support at $1.20, resistance at $1.50
• A breakout could come if volume stays above $600M and more validators join
• Think long-term: DCA (dollar-cost average) near support for safer entry
• Keep an eye on Succinct ecosystem growth and regulatory news – both can move the price
