Crypto asset CyberConnect (CYBER) recorded an incredible 326 percent surge to hit an all-time high price last week. According to one analyst, the asset is not done yet as it could stage another rally to hit $17 after its deep correction. Currently, the asset is down to $7.21, however, its weekly gain is still 98 percent positive. In the last 30 days, CYBER has surged by almost 300 percent with a market cap of $79,558,386 and a 24-hour trading volume of $172,966,124.Recently, a community member claimed to have discovered an error in its initial proposal at Cyber DAO. In response, CyberConnect claims to have taken full responsibility and introduced safeguards to ensure such events are never repeated. There has also been a massive demand for CYBER in South Korea as most exchanges get involved to facilitate deposits and withdrawals of the asset exclusively on Ethereum. To address this challenge, the company has introduced the CYBER Multichain Liquidity Balance proposal to improve equitable and fair access to the token across the exchanges.The company is said to be committed to ensuring decentralized social networking on the internet. In the future, CyberConnect will unveil a revised proposal in Cyber DAO to ensure that the movement of CYBER across Ethereum, Optimism, and BNB Chain is freely facilitated. The entire crypto market is currently in “green” with the likes of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) up by 0.10 percent, 0.13 percent, and 2 percent respectively in the last 24 hours.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	CyberConnect, Alchemy Pay, Altcoin Sherpa, None
Companies	CyberConnect, Alchemy Pay, FAC, FINRA, Cyber DAO
Currencies	CyberConnect, Ethereum, Bitcoin, Solana
Securities	None