Crypto:
29856
Bitcoin:
$67.712
% 2.44
BTC Dominance:
%52.9
% 0.21
Market Cap:
$2.53 T
% 1.90
Fear & Greed:
76 / 100
Bitcoin:
$ 67.712
BTC Dominance:
% 52.9
Market Cap:
$2.53 T

Binance Invested in Cyber Connect! 30% Increase!

Cyber Connect

Binance Invested in Cyber Connect! 30% Increase! Binance, known as one of the most significant players in the world of cryptocurrency, continues to maintain its position as one of the largest cryptocurrency exchanges worldwide, according to recent developments. Binance has recently taken action to explore and develop this area by highlighting the importance of Web3 technology.

In this context, Binance has invested in the Web3-based social network CyberConnect. After this investment, CyberConnect’s proprietary token, CYBER saw a notable increase of over 30%, and the price of the CYBER token exceeded $6.20, reaching new heights. However, no clear information has been given about the investment amount, which keeps the size of the investment a mystery.

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Cyber Connect stands out as a decentralized social network where users have full control. This platform offers users the opportunity to create their digital identities, share their content, and build their connections. Also, CyberConnect aims to eliminate some of the negatives brought by traditional centralized social media platforms like Facebook and Instagram.

Cyber Connect

The Web3 community has taken note of CyberConnect as a pioneering project, and Binance listed it in August. Following this listing, South Korean exchanges have started trading the CYBER token, and it has garnered substantial investor interest.

Previous investors in the Cyber Connect project include well-known companies such as Delphi Digital, Protocol Labs, Tribe Capital, IOSG Ventures, Amber Group, Polygon Studios, Draper Dragon, Animoca Brands, Multicoin Capital, and Hashed.

The cryptocurrency and Web3 community eagerly await the future growth and successes that CyberConnect will achieve following this investment, interpreting it as a sign of strong support in the Web3 world.


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