After allegations that it received investment from Binance Labs spread, CyberConnect rapidly gained value.
This afternoon, allegations were made that Binance’s investment arm, Binance Labs, invested in CyberConnect (CYBER), one of the Web3 projects.
The CYBER price began to rise rapidly within minutes of the announcement. According to CoinGecko data, CYBER within 24 hours gained more than 28% and during writing from $6.19 is being traded.
In the posts about Binance Labs investing in CyberConnect The link used is currently unreachable.. The link spread on social media directs users to Binance’s blog page.
Binance announced in August 2023 CyberConnect has been selected as the 37th project of Binance Launchpool he explained. CYBER, on the stock exchange Listed on August 15.
According to current data, in CYBER/USDT parity on Binance in 24 hours Volume worth $85 million was obtained.
Binance Labs or CyberConnect team, has not yet confirmed the claim that investment has been made in the project.
