Recently saw $FHE on the Binance gain leaderboard. After a close look, it feels like a one-sentence summary is: large fluctuations, easy to operate.
First, let's talk about the market:
From the bottom of 0.014 all the way up, now hovering around 0.08U, a typical "big rise and big fall" trend. The contract trading volume on Binance has significantly increased, with the trading volume almost 1:1 with the market cap, and the turnover rate is particularly high — indicating that attention has returned. In this kind of market, both long and short positions can be taken, and there are indeed opportunities for speculation and arbitrage.
This wave of increase is likely related to a message they officially announced yesterday: directly offering 1% of the Pippin token as ecological incentives. It is clear that the project team has resources and is willing to spend money. Coupled with their collaboration with Pippin and the expansion into the Solana ecosystem, they are essentially testing whether FHE can truly be used in AI Agent scenarios with real money. For outsiders, this signal is very direct: they are not just telling technical stories but have already begun to enter mainstream ecosystems, seeking real users and demands.
Additionally, during this time, they also had a staking activity with Chainlink, and the positive news has indeed been coming one after another. Reflecting on why I missed out, the main reason is that I didn't pay attention when the official news came out, and my prior understanding of this project was not deep enough. Recently, I've been catching up hard, and if I get enough likes, I'll share my study notes with everyone next time.
#FHE $FHE
