$CYBER Surged over 30% in Past 24 Hours as Binance Labs Announced Investment in CyberConnect

Binance Labs announced it has made a follow-on investment round in the decentralized social network CyberConnect. According to TokenInsight data, the price of $CYBER went up by 30.92% over the last 24 hours, trading at $6.2631 now.

"We see SocialFi's potential in propelling Web3 into the mainstream," Binance Labs said.

CyberConnect has raised a total of $25 million in the previous seed round and Series A round.

Related: CyberConnect Closed $10 Million Seed Round Led by Multicoin Capital and Sky9 Capital

Web3 Social Graph Protocol CyberConnect Raised $15M in Series A Co-Led by Animoca Brands and Sky9 Capital

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