Curve DAO Token

Token

<ul class="news-points"> 
 <li>The Curve DAO Token (CRV) recently reached an all-time low price of $0.45.</li> 
 <li>CRV is nearing the $0.37 mark which will trigger the liquidation of the loans taken by Curve’s founder.&nbsp;</li> 
 <li>Crypto influencers on X are estimating the liquidation price to be at around $0.29.</li> 
</ul> 
The <a href="https://coinedition.com/curve-dao-token-crv-price-prediction/" rel="noopener noreferrer nofollow">price of the Curve DAO Token (CRV)</a> reached an all time low of $0.45 earlier today. The token’s recent decline has taken it dangerously close to the $0.37 mark, which will trigger the liquidation of multiple CRV-backed loans taken by Curve Finance’s founder Michael Egorov. Although Egorov made efforts to control CRV’s decline, the token’s price continued to fall. 
Popular crypto trader Hsaka took to X (formerly Twitter) earlier today to highlight that the Curve DAO Token was rapidly approaching the $.40 mark. This price level is of particular importance, since Michael Egorov sold CRV to 15 different institutions earlier this month in a bid to support the token’s price following last month’s <a href="https://coinedition.com/curve-finance-losses-47-million-in-hack-crv-declines-by-13/" rel="noopener noreferrer nofollow">exploits</a>. 
Egorov <a href="https://coinedition.com/tron-founder-steps-in-to-save-defi-platform-after-47-million-exploit/" rel="noopener noreferrer nofollow">sold</a> nearly 210 million CRV worth $85 million at an average price of $0.4 in multiple over the counter (OTC) trades. These tokens represented a quarter of CRV’s circulating su… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/curve-dao-token-crv-nears-liquidation-price-of-0-37/">Curve DAO Token (CRV) Nears Liquidation Price of $0.37</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Curve DAO Token (CRV) Nears Liquidation Price of $0.37

Coin Edition

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