@convergent_so $CVGT is a stablecoin project on SOL that allows users to mint USV by collateralizing SOL.
Currently, there is no financing background found for this project, but the supporting parties are Jito and Pyth.
The current market cap is 6M, and the contract address is: B7zNKphr8fjczB71oi9uF9pCd5XSNJvBn78TVF7kpump.
Currently, Circle is going public in the US stock market, and stablecoin projects are typically valued in the hundreds of millions to billions. Although this $CVGT has no significant background, the 7M price is indeed undervalued.
It feels like it's progressing steadily; I'll hold onto it long-term and see how it goes.
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