On August 5th, the Succinct mainnet was launched, and the $PROVE token also made its debut. The topic quickly became popular, and as soon as it was listed on exchanges, trading volume surged, and prices skyrocketed, with the market stating that this proves the project is more than just a concept.
Specifically, on that day, the trading volume exploded, described by the media as a 33,000% increase, with prices rising by about 30%, indicating that the market responded quite positively to its real-world implementation and functional features. More importantly, it was launched simultaneously on leading exchanges like Binance and Coinbase, demonstrating that the project and token behind it have received significant recognition.
The market logic behind this is straightforward: usable technology, practical scenarios, and a reliable team make early investors more willing to invest; additionally, the airdrop activities stimulated community interest, naturally driving up prices and trading data.
Of course, this is not to promote making a quick profit and running away. However, this combination of mainnet release + multi-platform launch + clear tokenomics is very important for early project exposure, and the short-term performance aligns with expectations, which also brings a sense of confidence for subsequent ecological development.
