Recently saw on Binance's increase leaderboard $FHE and checked the market: high volatility, good for trading.
First, let's talk about the market:
The bottom is at 0.014, now around 0.08U, typical large ups and downs.
The contract trading volume has clearly increased, with the trading volume / market cap close to 1:1, and the turnover rate is very high. Both bulls and bears have opportunities, and the arbitrage space is quite obvious.
This wave of increase is likely related to yesterday's official announcement:
The official team is using 1% of the Pippin tokens as ecological incentives, indicating that the team has resources and is willing to spend money to promote implementation.
In addition, collaborating with Pippin and expanding into the Solana ecosystem is essentially testing the practical usability of FHE in AI Agent scenarios with real money.
I believe this news: it's not just about concepts, but it's already entering the mainstream ecosystem to see if there are real users and demands. Coupled with the recent collaboration on staking activities with Chainlink, the favorable conditions are quite apparent.
Reflecting on the reason for my missed opportunity: I didn't pay attention to the official news in a timely manner and I didn't understand the project enough previously.
Next time when I see such real implementation projects with financial support, I need to catch up quickly.
$FHE #FHE
