CYBRO digital currency aims to transform the DeFi sector with its revolutionary investment strategy.
It achieves this by utilizing state-of-the-art AI technology. Additionally, the platform runs on Blast, a unique Layer-2 blockchain.
A well-known trader has recently forecasted CYBRO as a potential sensation with a 5000% ROI possibility, generating significant interest among CYBRO digital currency supporters.
However, in a competitive DeFi environment, can CYBRO uphold its commitment in the long run, or is it merely a passing fad?
Setting a Historic Benchmark
Within just a few days, CYBRO digital currency has secured almost $2 million in a presale, setting a record with 86 million out of 215 million tokens sold. This noteworthy achievement demonstrated a growing community of over 7,000 active holders.
To gauge CYBRO’s potential, CryptoCrypto conducted a comparison with AAVE, another DeFi platform in the market.
Four years ago, AAVE raised $600K at $1 per token during its initial offering. Today, its value has surged over tenfold, nearing $140.
In contrast, CYBRO digital currency tokens debuted with a 50% discounted price, trading at just $0.03 per token.
It is not solely the low cost that has contributed to CYBRO’s impressive start in its presale event. CryptoCrypto uncovered some key insights that might have played a pivotal role in this early success.
Seizing the Advantage of Volatility
By embracing a multi-chain strategy, CYBRO developers have tapped into a broad user base across various blockchains.
Initially, the platform makes use of SOL as a traditional payment option for trading CYBRO digital currency, demonstrating a strategic move to leverage Solana’s efficient transaction capabilities.
Furthermore, the developers have accessed the large user communities of both Ethereum and Polygon networks.
Presently, there are 445K daily active addresses on the Ethereum network, showing a 56% decrease from over 1 million a year ago.
With that being said, CryptoCrypto observes that the declining number of active holders indicates the prevailing volatility – a factor that CYBRO may be capitalizing on.
Concurrently, the presale coincided with a downward trend in the cryptocurrency market.
Consequently, the performance of DeFi on certain networks has been impacted, as shown in the graph below.
The chart demonstrated a significant decline in total value locked (TVL) on the Polygon [MATIC] blockchain, dropping from $9.2 billion in mid-June three years ago to only $905 million by the last week of August.
This suggested a notable decrease in DeFi activity on the blockchain, which CYBRO digital currency could exploit by offering attractive rewards to draw users from the shrinking TVL pools.
Overall, the strategy marks a robust initiation to CYBRO’s potential 5000% ROI, as indicated by the trader.
During market fluctuations, CryptoCrypto commends CYBRO’s strategic roadmap, tailored to address blockchains experiencing declining DeFi activities.
If this trend continues, CYBRO might soon secure the top position in DeFi, all thanks to its innovative AI-powered strategy.