In a range of updates, the
Curve DAO Token (CRV) indicated fluctuations in its
price predictions for years 2024 through 2030. The collaboration of TON and Curve finance on a
stablecoin swap initiative also made waves. Mixed messages were coming about the price surge of the CRV coin, with analysis varying from a potential
jump to $100 and on the other hand, potential strategic developments causing
bullish trends. Meanwhile, news came out about the
token's 15% surge post the cooling down of Michael Egorov’s
liquidation heat. Amidst this, Binance expressed major support for
Curve DAO token despite a liquidation crisis. Despite the
market rebound, Curve DAO struggled to regain balance.Multiple speculations were ongoing regarding the odds of CRV recovery after significant market losses, including a whopping
34% crash after Curve Finance founder, Egorov suffered a $27M
liquidation. On a positive note, Curve Finance marked its
4-year anniversary with a significant reduction in CRV emissions causing a surge in token prices.The CRV token showed signs of recovery as it closed the week on a
green tick. Amidst another liquidation crisis, Curve Finance proposed a
10% CRV burn. A key highlight was CRV bouncing back by 40% from its all-time low, with large
whale purchases noted. In other news, Binance integrated Curve on
Arbitrum One and Optimism.In an inflection point, Curve Founder wanted
21M CRV for funding the further development, sparking questions in the community. The overall market conditions are also unpredictable with
whale deposits seen onto Binance and a looming liquidation threat. The outlook remains shaky with
CurveDAO nearing all-time low.Indeed, increasingly dramatic events took place when Curve Finance founder's loans were
liquidated, triggering a 30% decline in CRV value. In a notable turn, they repaid 93% of $10M bad debt resulting from liquidation. Amidst this crisis, Justin Sun moved a whopping
$35 Million to Binance.
CRV Coin News Analytics from Fri, 14 Aug 2020 02:07:20 GMT to Wed, 18 Sep 2024 10:29:06 GMT -
Rating -2
- Innovation 0
- Information 7
- Rumor -6
