ETHFI, the token of
Ether.fi, a liquid restaking protocol on the Ethereum mainnet, has recently seen mixed market trends. Its price jumped by 50%, potentially boosting liquidity restaking token valuations, while analysts and market cycles suggest more future movements.
ETFSwap (ETFS),
Binance Coin (BNB), and South Korea's Upbit also featured in the news. Notably, Binance has announced ETHFI staking protocol as the 49th project on Binance Launchpool, triggering mixed reactions. As a result of EtherFi Foundation's major staking proposal, ETHFI's price predictions for 2024, 2025, and 2030 are under intense speculation.Other noteworthy developments include ETHFI's migration plan to separate multi-sig wallets, Binance's listing of ETHFI among seven new FDUSD trading pairs, and the ETHFI token's listing on Binance at $4.13, following a price dip of 18%. This token distribution adjustment was met with community backlash, though ETHFI's price did peak at $5.32 ATH when listed on Binance and other exchanges.New partnerships are in the works as Ether.fi partners with Scroll to unveil a 'Cash' card facilitated by Visa and a potential launch on Binance Launchpool, allowing users to farm tokens by staking BNB and FDUSD. Despite a 25% token fall, Ether.fi has announced a $210M airdrop and major token transfers, while debuting a blockchain-based credit card, which has extended its reach. Lastly, amid these developments, a scandal involving a Memecoin team tied to a GCR hack remains a major concern.
ETHFI Coin News Analytics from Thu, 07 Mar 2024 08:00:00 GMT to Thu, 07 Nov 2024 12:02:10 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor -6
