Curve Dao Price Declines Following Bearish Trend in Crypto Market
Today, August 4, the price of Curve DAO (CRV) is declining in value due to the overall bearish trend in the cryptocurrency market. This downward movement can also be attributed to a recent hack incident on Curve Finance.
Key Points:
- The price of Curve Dao has fallen by 1.15% over the past day.
- The trading volume for CRV has decreased by 40% during the same period.
- The Curve Finance hack may have reduced trading activities on the network.
- The team has communicated with the responsible party through Twitter to recover the stolen funds.
- The token’s price stands around a support level of $0.572, preventing further decline.
Bulls Shape Up to Oversee the CRV Market
The daily price chart indicates that CRV’s price could potentially plunge further. However, the token’s price is currently around a support level, and the bulls may be shaping up to oversee the market. The chances of a bullish trend are higher as the selling pressure declines.
Shibie Coin Provides Haven For Investors Amid CRV’s Price Variabilities
Shibie Coin, a new entrant in the cryptocurrency world, aims to bring a fresh and colorful vibe to the market. With its unique charm and energy, Shibie Coin aims to conquer the crypto realm. Investors should brace themselves for a thrilling and possibly unpredictable journey with this exciting new coin.
Key Points:
- Shibie Coin allocates 10% for CEX Listings, 60% for the Presale event, 5% for the Team, 20% for Liquidity, and 5% for Marketing initiatives.
- The Presale phase of Shibie Coin has already surpassed $95,000.
- The current price of the SHIBIE token is $0.000167, providing a relatively low entry cost for investors.
- Investors can acquire SHIBIE coins using popular cryptocurrencies such as BNB and ETH.
Hot Take
The decline in Curve Dao’s price may be influenced by the recent hack incident, but the potential for a bullish turn remains. Shibie Coin, on the other hand, offers an exciting opportunity for investors with its vibrant approach. Both coins showcase the dynamic nature of the cryptocurrency market.