Curve (CRV) is witnessing dramatic volatility with several updates making buzz in the market. The DeFi token surged as much as 20% and is expected to touch its 2024 highs. This followed predictions that the token will recover to a $5 mark by 2025. Despite such optimism, the founder of Curve faced multiple liquidation events, acting as a downturn. On the flip side, CRV saw a 500% rally to reach a 22-month high.
Moreover, the
Curve DAO token experienced a significant fall, amidst the founder's assets being liquidated in an $882K blow. However, it managed to bounce back as the 115-day resistance seemed to crumble. The crypto analysts predict bullish movements for this Ethereum-based altcoin and expect it to soar by over 500%.
In other news,
Curve Finance launched 'Savings crvUSD' - a yield-bearing stablecoin. This boosted
CRV's performance causing a 10% jump, making it a leading altcoin in the DeFi sector. Yet again, the founder's denial of liquidation rumors seemed to have little effect as CRV plunged by 13%.
The cryptocurrency market seems to anticipate a promising growth of Curve DAO token, despite significant ups and downs.
CRV Coin News Analytics from Fri, 14 Aug 2020 04:43:53 GMT to Tue, 29 Apr 2025 09:59:14 GMT -
Rating 8
- Innovation -3
- Information 5
- Rumor -6
