To be honest, if you haven't been watching the market these past few days, you might really miss out on this wave of the most powerful market trend.
I had been paying attention to the FHE sector, but I didn't expect the $FHE to start so decisively this time, simply not giving hesitant people a chance to board.
Just look at that K-line; since December 7th, it has been like a fuse that has been lit, and within just a few days, the price shot up directly from the bottom, reaching a peak increase of 247%, which is indeed more than doubled!
Especially on December 9th, the single-day increase hit 55%, such explosive power is really rare in the recent volatile market. At that time, I was staring at the screen, watching the price continuously break through the crucial position of 0.055U, and I thought to myself, this is definitely not something that retail investors can pull off, there must be large funds at work behind it.
Moreover, everyone shouldn't just focus on the price; go check out Binance's contract trading volume, that is the most honest data. The $FHE is now not just simply on the increase leaderboard; its contract trading volume on Binance has surged to 19th place, and who is in front of it? It's the recently popular SUI. This indicates that the current heat is indeed built on real money, and the liquidity is frighteningly good.
Such a level of turnover rate often means that the major players and institutional funds are deeply engaged in a game, and the subsequent space really invites imagination. Furthermore, the recent actions from the project party have been frequent, having secured the first batch of qualifications for Chainlink Rewards Season 1 and also launching contracts on Kucoin; this series of positive news actually provides the best fuel for the current rise. Although the price is now higher than before it started, considering that Cointelegraph's research report and Binance Research Institute have both highlighted the prospects of FHE technology, I feel this might just be the beginning of a 'value return'. For those brothers who haven't boarded yet, I suggest you really need to pay close attention to this, don't wait until it flies to the sky and then regret it.
$FHE #FHE

