Cyber Cryptocurrency Turns Bullish | Check Out Why It’s Up By +100% Today

Cyber Cryptocurrency Turns Bullish | Check Out Why It’s Up By +100% Today

By Nilesh Hembade 30-August-2023 7:35 AM GMT

Cyber Cryptocurrency Turns Bullish Check Out Why It’s Up By +100% Today

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 Introduction:

The cryptocurrency market has experienced a remarkable bullish rally following Grayscale’s recent court victory over the U.S. Securities and Exchange Commission (SEC). Among the standout performers in this surge is Cyber Coin, which has skyrocketed by an astonishing 100% within a single day.

As of the time of writing, Cyber Coin (symbol: $Cyber) is trading at an impressive $7.38 with the gain of +100.89% in last 24 hr. , boasting a market capitalization of $81,423,332.

Factor Behind Cyber Coin Surge

The primary catalyst behind Cyber Coin’s meteoric rise can be attributed to its symmetrical triangle breakout at the $3.61 level. The breakout triggered a rapid price ascent, propelling the coin to $5.19. Subsequently, after successfully retesting its previous high of $5.47, which was established on August 22, the coin went on to break this record, surging to a new all-time high of $8.22 on this remarkable day.

cybe coin chart
Source: Trading View

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At the core of this cryptocurrency’s success story lies CyberConnect, a trailblazing platform within the realm of Web3’s early and largest social networks. 

CyberConnect empowers developers to craft social applications utilizing the ERC-4337/Account Abstraction protocol. This groundbreaking technology enables users to seize control of their digital identities, content, connections, and interactions within the digital sphere.

Conclusion

The recent +100% surge of Cyber Coin in response to Grayscale’s legal victory over the SEC highlights the dynamic nature of the cryptocurrency market. With CyberConnect’s innovative platform at its core, Cyber Coin’s remarkable journey from a symmetrical triangle breakout to smashing all-time highs showcases the potential for rapid gains in the evolving landscape of cryptocurrencies.

As the Web3 movement gains traction, the coin’s surge underscores the demand for user-centric platforms that empower individuals to take control of their digital identities and interactions.

Disclaimer:

Consult your financial advisor before making any decisions because Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. No information on this website is intended to be a solicitation or an offer.

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