PROVE Token Soars 33.79% After Mainnet Launch, Major Listings, and $2M Prize Pool Announcement
PROVEUSDT experienced a significant price increase of 33.79% over the past 24 hours, rising from an open of $0.8503 to a current price of $1.1376 on Binance. This price surge is primarily attributed to the official launch of Succinct (PROVE) on multiple major platforms, including Binance and Bitget, the introduction of PROVE futures with up to 75x leverage, and the commencement of promotional campaigns such as trading competitions and airdrops. The mainnet launch and subsequent spot and futures listings generated heightened market interest and trading activity, further amplified by a 2,000,000 PROVE token prize pool for eligible traders and the distribution of 5% of the total supply to early participants. Over the last 24 hours, PROVEUSDT has seen high trading volumes and notable volatility, with a current market capitalization estimated around $221 million and a circulating supply of 195 million PROVE tokens.