Curve DAO or simply
CRV coin has experienced a notable dive in price, forcing its founder,
Michael Egorov into a massive liquidation crisis. However, Egorov has been able to repay significant portions of the bad debt arising from the event. Crystalizing the commitment to growth and recovery, significant
emissions reductions have been implemented resulting in an impressive 10% surge in token value in the midst of the crisis. On the journey to sustainability, the integration of
Binance, and potential removal of
TrueUSD could lint a new era for Curve DAO Token. Binance has thrown in significant support including a $5M investment and major integration on
Arbitrum One and
Optimism. This comes amidst green ticks marking gradual recovery, still, the journey towards stability has not come without hurdles. Besides the liquidation crisis, Curve Finance has also faced a $50M drain exposing exploit vulnerability, while ecosystem news sparked a flip in its 50 EMA. Furthermore, Curve Finance is now charting its path after a heavy fall leading to a 50% crash to an all-time low. Notable predictions estimate possible considerable gains by 2025 and onwards, including CRV token getting bullish forecasts by traders.
CRV Coin News Analytics from Fri, 14 Aug 2020 02:07:20 GMT to Thu, 26 Sep 2024 07:00:00 GMT -
Rating -2
- Innovation 1
- Information 5
- Rumor -2
