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A web3 decentralized social network altcoin printed a new all-time high on Friday, defying the ongoing crypto market doldrums.<\/p>\n
CyberConnect (CYBER<\/a>) aims to enable developers to create social apps where users own their digital identities and data.<\/p>\n The project\u2019s native asset, CYBER, ripped to a new all-time high of $15.36 at one point on Friday. The 179th-ranked crypto asset by market cap is trading at $14.68 at time of writing, up from $3.59 one week ago, a staggering 308.9% increase. CYBER is also up nearly 77% in the past 24 hours alone.<\/p>\n It is not entirely clear what is driving CYBER\u2019s massive gains, though Binance, the top global crypto exchange by volume, did roll out<\/a> trading services for the asset earlier this month.<\/p>\n Binance also kicked off<\/a> a \u201cSimple Earn CYBER Quiz Promotion\u201d earlier this week. The first 45,000 Binance customers who read an article on CYBER and complete a quiz with all the correct answers will receive 0.25 CYBER in a 150-day locked products position.<\/p>\n Binance locked products provide<\/a> rewards in exchange for assets being committed for fixed terms with predetermined redemption dates. The promotion, which runs until September 12th, is only available to customers who\u2019ve never subscribed to Binance\u2019s Simple Earn locked products before.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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