Recently saw this asset $FHE on the Binance gainers list, took a look around
The core message is simple: high volatility, easy to operate 🤙
Let’s talk about the market:
Came up from a bottom of 0.014, current price around 0.08U, a typical big rise and fall structure
Contract trading volume has noticeably increased on Binance
Trading volume / market cap is close to 1:1, turnover rate is extremely high
This indicates that attention is quickly returning, and the key is that both bulls and bears can participate, with clear opportunities for speculation and arbitrage.
This wave of increase is likely related to their official announcement yesterday: directly offering 1% of Pippin tokens as ecosystem incentives, which at least indicates that the project team has resources and is willing to spend money. Combined with the collaboration with Pippin and the expansion into the Solana ecosystem, it essentially tests the practical usability of FHE in AI Agent scenarios with real money. For outsiders, this signal is very simple, it’s not just about technical concepts, but it has already begun to enter the mainstream ecosystem, looking for real users and real needs.
During this time, they also collaborated with Chainlink on a staking activity, which can be said to have many positive aspects. Reflecting on my own missed opportunities, the main reason is that the official news did not receive enough attention in the first instance, and I didn’t have enough understanding of this project before, so I’m also catching up on knowledge. I’ll share my own insights in the next issue. #BNB
#FHE $FHE