With a total market cap of $113 million according to CoinGecko, the CYBER token has more than doubled in the last week, making one of the big jumps in an almost stable market. Transaction volume also increased at the same rate. $225 million in tokens have changed hands between crypto exchanges in the past 24 hours, which is almost 10 times the trading volume of $30 million on Monday. And traders are showing even more demand to buy the tokens, with data showing that they paid more than 2000% to buy the tokens with leverage to be part of the action. But CyberConnect risks being the latest crypto fad. Similar projects, such as Friend.tech, which allows X personalities to create token-gated chat groups, gained significant popularity at first but caused their revenues to drop 95% in just over three weeks. CyberConnect offers the opportunity to develop applications related to digital identity, content and friendships on the blockchain. CyberGraph also includes a smart contract to register users’ content and social connections, and an ERC-721 token called CyberID, which provides a unique identifier for user accounts within the CyberConnect ecosystem. However, it is important to consider that similar crypto projects that initially gained popularity quickly lost revenue. For example, Friend.tech, a platform for creating token-gated chat groups, saw its revenue drop 95% in just three weeks. The increase in demand for CYBER tokens is also reflected in the financing rates; On platforms like Bybit and Bitget, rates of up to 2,190% per year are seen, and on platforms like Binance it goes up to 1,500%. These financing rates are determined by the price differential between spot and futures contracts and suggest that investors willing to pay high fees to hold their long positions are optimistic about CYBER and therefore pay high fees for their long positions.