New coin CYS's trading volume surged by 287% in less than a month since launch, igniting market enthusiasm in the Binance trading competition

CYS has experienced explosive growth in trading volume over the past 24 hours. According to the latest news, this newly launched coin, which only went live in December 2025, has reached a trading volume of $476 million, an increase of 287%, with its price rising 6.58% to $0.3897 during the same period. As a project that has been online for less than a month, such performance is indeed remarkable. However, the underlying reasons warrant in-depth understanding.

The True Drivers Behind the Volume Surge

Binance Trading Competition Amplification Effect

The significant increase in CYS trading volume is primarily driven by Binance’s organized trading competition. According to data, CYS participates in the competition with an 8x trading volume multiplier, meaning each trade (buy or sell) is amplified 8 times in the competition’s scoring.

Under this mechanism, participants tend to significantly increase their trading frequency and volume. The competition forecast mentioned indicates that CYS’s threshold has risen from 1,840 to 8,301, with actual trading activity increasing the calculation base by 807 times. This artificially stimulated trading directly boosts the 24-hour trading volume.

Support from ComputeFi Narrative

In addition to the trading competition mechanism, CYS also has a supporting story. According to information, CYS is driven by the ComputeFi narrative, and the community holds an optimistic outlook on its long-term prospects. Data shows about 70% of community members have positive sentiment, and long-term investors generally target a price above $1. This narrative consensus provides an emotional foundation for the volume growth.

Project Background and Market Position

Rapid Rise of a New Coin

CYS is a relatively new project, launched on Binance Smart Chain (BEP20) only on December 8, 2025. Achieving a daily trading volume of $476 million in less than a month is quite impressive among new coins. Its current market cap is $62.39 million, ranking 385th on CMC, with a circulating supply representing 16.08% of the total supply.

Such rapid growth is uncommon among new coins, but it’s important to note that this figure includes the amplification effect from the trading competition. Actual organic trading volume would be lower than this number.

Multiple Indicators of Market Hotness

From various angles, CYS’s market activity can be summarized as follows:

• Trading pair activity: listed on 90 trading markets
• Price trend: up 19.91% over 7 days, up 87.38% over 30 days (since launch)
• Fully diluted market cap: $387.97 million, indicating significant growth potential compared to current market cap
• Circulating supply ratio: only 16.08% circulating, with future unlocking pressures to monitor

Short-term Fluctuations and Long-term Expectations

Trading Competition Time Window

According to information, the CYS trading competition ends at 23:59 on January 6. This means the trading enthusiasm driven by the competition is time-limited. Whether trading volume can be maintained at a high level after the competition depends on the project’s fundamental appeal.

Community Consensus and Target Price

The data indicates that the community has a consensus on a target price above $1. Currently priced at $0.3897, there is about 1.57x upside potential to reach $1. While this expectation exists, it requires ongoing narrative support and sustained market enthusiasm.

Summary

CYS’s 287% increase in trading volume is indeed noteworthy, but the composition of this figure should be viewed rationally. The 8x multiplier from Binance’s trading competition is the main driver, with the ComputeFi narrative providing emotional support, and the project’s status as a new coin’s scarcity attracting market attention.

The key is to distinguish how much of this growth is due to artificial stimulation from the competition and how much reflects genuine market demand. After the competition ends, whether CYS can maintain its momentum and truly reach the community’s target of $1 remains the focus for future observation. Participants should be cautious of a potential decline in enthusiasm post-competition in the short term, and in the medium term, monitor whether the project can introduce new positive catalysts to sustain market interest.