#DeFiGetsGraded
The Succinct (PROVE) currency has decreased by 10.56% in the last 24 hours, despite achieving weekly gains of 112%. Key driving factors:
Profit-taking after being listed on major trading platforms (Binance, Coinbase, Upbit), and rising by 26% to reach $1.72, its all-time high, on August 11.
Airdrop selling pressure: 31.15 million PROVE coins remain unclaimed (approximately $44.5 million) at risk of liquidation.
Weak momentum of alternative currencies with Bitcoin dominance rising to 59.66% (+0.6% in 24 hours), leading to a shift of capital away from smaller market cap companies.
