• The price reached $CYBER $5.00, representing a 62% increase after its listing on Upbit• Previous increase of 221.74% on August 11 due to a surge in on-chain activity and the creation of new wallets
• July saw a sharp decline of 750.45% due to regulatory concerns regarding data security and compliance with anti-money laundering regulations
• Current activities show a return of momentum despite previous setbacks
Influencing factors
• Listing on Upbit (August 12) introduced CYBER/KRW and CYBER/USDT pairs with initial volatility controls
• Technical improvements after the final upgrade on July 30 enhanced the consensus algorithm and wallet security
• Layer 2 Ethereum scaling solutions and partnerships with decentralized applications have enhanced the value of usage
• The regulatory environment remains challenging with warnings from financial authorities and increased law enforcement by the SEC/CFTC
Trading forecasts
• The resistance level at $5.00 may serve as a launch point if volume continues
• Analysts expect potential growth to reach $9.40-$9.70 by late 2025
• Risk management strategy: consider taking profits at $9.40 and placing a stop-loss order below $3.00
• On-chain indicators (doubling the number of active addresses daily) show inherent strength
Community participation
• Over 2000 users actively engage in governance proposals and feedback
• Trust-building initiatives include a transparent program to identify security vulnerabilities and security audits by third parties
• Partnerships among developers are expanding to enhance the ecosystem's utility despite previous security challenges
• Participation in governance shows community resilience after regulatory setbacks#Binance #bitcoin #CYBER #BitcoinDunyamiz #TrendingTopic $CYBER
