In recent news, the
Ether.fi's ETHFI token has been making significant strides. One highlight is its price surge of
50%, to all-time highs, which is expected to augment valuations for liquid restaking token airdrops according to analysts. Further to this, the EtherFi Foundation has made a substantial acquisition of the
ETHFI token in a major staking proposal on the Ethereum mainnet. In South Korea, digital asset exchange Upbit added
BIGTIME, while Bithumb included
JTO and
ETHFI to its KRW markets. Also,
Binance has included Ether.Fi's staking protocol as the 49th project on its launchpool, a move that is set to give
ETHFI, along with ETFSwap and Binance Coin, a significant boost in the current market cycle. However, despite several optimistic predictions for its future price, ETHFI underwent turbulence following an airdropped $210m, which saw its value dip by
35%. There was a further fall after its trading debut, and concerns surrounding a potential Sybil attack. Ongoing market activity, such as Arrington XRP Capital's shift of holdings to Binance, has raised further concerns about ETHFI's sustainability. In response, Ether.fi has adjusted its token distribution amid community backlash.
ETHFI Coin News Analytics from Sat, 19 Dec 2020 08:00:00 GMT to Mon, 09 Sep 2024 12:23:19 GMT -
Rating 6
- Innovation 7
- Information 5
- Rumor 4
