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USDC mayhem catalyzes recovery rally in Uniswap and Curve DAO
Uniswap and Curve DAO, both decentralized crypto exchanges, witnessed a spike in trade volume over the weekend amidst USDC de-peg.
Traders rushed to exchange Circle’s stablecoin USDC for alternate cryptocurrencies, dominating 55% trade on Uniswap’s DEX.
UNI and CRV prices have exploded since March 12, yielding double-digit gains for holders.
Circle’s stablecoin USDC’s depeg triggered massive uncertainty in the crypto ecosystem over the weekend. Traders rushed to decentralized exchanges Uniswap and Curve to exchange USDC for other digital assets.
The massive spike in trade volume, contributed to rise in revenue of the exchanges and catalyzed a recovery rally in UNI and CRV prices.
USDC de-peg pushes Uniswap and Curve’s revenue and trade volume higher
Circle’s stablecoin USDC’s de-peg triggered uncertainty among crypto market participants. It resulted in several traders rushing to decentralized exchanges Uniswap and Curve to exchange the stablecoin for other assets.
Traders exchanging USDC dominated nearly 55% of the trade on Uniswap’s DEX. The exchange’s trade volume hit $12 billion for the first time since its inception, based on data from Dune Analytics.
Colin Wu, a Chinese reporter noted that Silicon Valley Bank’s bankruptcy and USDC transactions led to a substantial increase in lending and other protocol fees.
According to data from CryptoFees, trade fees on Uniswap exceeded $8.7 million, the highest level since May 12, 2022. For Curve’s DEX, revenue climbed above $950,000, highest point since the FTX collapse of 2022.
UNI and CRV prices witness recovery rally
Uniswap (UNI) and Curve (CRV) tokens yielded double-digit gains to holders since yesterday. The tumultuous events catalyzed a recovery in the prices of the DEX tokens. UNI price climbed nearly 10%, while CRV yielded 11.5% gains since March 12.
#uniswap #crv #DEX #Binance #koinmilyoner
Traders rushed to exchange Circle’s stablecoin USDC for alternate cryptocurrencies, dominating 55% trade on Uniswap’s DEX.
UNI and CRV prices have exploded since March 12, yielding double-digit gains for holders.
Circle’s stablecoin USDC’s depeg triggered massive uncertainty in the crypto ecosystem over the weekend. Traders rushed to decentralized exchanges Uniswap and Curve to exchange USDC for other digital assets.
The massive spike in trade volume, contributed to rise in revenue of the exchanges and catalyzed a recovery rally in UNI and CRV prices.
USDC de-peg pushes Uniswap and Curve’s revenue and trade volume higher
Circle’s stablecoin USDC’s de-peg triggered uncertainty among crypto market participants. It resulted in several traders rushing to decentralized exchanges Uniswap and Curve to exchange the stablecoin for other assets.
Traders exchanging USDC dominated nearly 55% of the trade on Uniswap’s DEX. The exchange’s trade volume hit $12 billion for the first time since its inception, based on data from Dune Analytics.
Colin Wu, a Chinese reporter noted that Silicon Valley Bank’s bankruptcy and USDC transactions led to a substantial increase in lending and other protocol fees.
According to data from CryptoFees, trade fees on Uniswap exceeded $8.7 million, the highest level since May 12, 2022. For Curve’s DEX, revenue climbed above $950,000, highest point since the FTX collapse of 2022.
UNI and CRV prices witness recovery rally
Uniswap (UNI) and Curve (CRV) tokens yielded double-digit gains to holders since yesterday. The tumultuous events catalyzed a recovery in the prices of the DEX tokens. UNI price climbed nearly 10%, while CRV yielded 11.5% gains since March 12.
#uniswap #crv #DEX #Binance #koinmilyoner
💰 #CRV/USDT is bull flagging below the descending resistance on 2D chart🧐
Bullish if we able to break out📈
#Binance #crypto2023 #crv
Bullish if we able to break out📈
#Binance #crypto2023 #crv
#crv token in good position and lever also on demand zone 🔥not financial advise
LIVECRYPTO SNIPPER
--
#crv /USDT
Long
Leverage : 20X
Take Entry : 0.445 - 0.441
Take profit Targets :
0.448
0.457
0.467
0.476
Stop loss: 0.417
published by
joi n TG:@crypto_snipper_group
Long
Leverage : 20X
Take Entry : 0.445 - 0.441
Take profit Targets :
0.448
0.457
0.467
0.476
Stop loss: 0.417
published by
joi n TG:@crypto_snipper_group
$CRV #crv
Put a tight stop loss at 0.340
If there is a sudden dump in this trash i can save my initial i will advise you to do the same bcx crv is going to liquidated and bankrupt
Put a tight stop loss at 0.340
If there is a sudden dump in this trash i can save my initial i will advise you to do the same bcx crv is going to liquidated and bankrupt
Explore 100x profit opportunities in small cryptocurrencies!
Embarking on the journey of searching for digital currencies that carry the potential for a return of up to 100 times over the next five years is an exciting and exciting challenge. Let’s explore the criteria and choices:
The ability of a currency to stay long and grow:
Presence: Crucial criterion - The currency must withstand the test of time.
Team and Product: A founding and proven team with a product that resists threats.
Understanding the cryptocurrency ecosystem and how it works:
The chosen currency should contribute to the overall cryptocurrency system, similar to how YouTube supports content creators or the boom of well-known exchanges like Binance.
Real Market Cap:
As a cap built on comparing the future of the cryptocurrency market with the global money market, it ensures that the resulting value can be achieved.
Some selected selections outside the Top 100 list:
Inch (1Inch): A decentralized exchange broker that facilitates the efficient exchange of currencies, even on restrictive platforms like Gemini. Ren
($Ren): Provide liquidity to DeFi platforms across various blockchain networks.
Voyager Token ($VGX): A competitor to Coinbase in the US, no fees and opportunities to lock tokens with high returns.
Curve DAO ($CRV): Decentralized exchange for stablecoins, available on platforms like Gemini.iExec
(RLC): Despite recent volatility, it offers decentralized cloud computing resources and may play a critical role in the ecosystem.
Final tip: Speculative nature must be considered, so diversify your investment portfolio; assume some projects may not work.
Caution:⛔️ ⚠️
Investing in financial markets and digital exchanges is unstable and insecure. See our Risk Warning for more information (Invest with caution).
$RLC $REN $1INCH #vgx #crv
Embarking on the journey of searching for digital currencies that carry the potential for a return of up to 100 times over the next five years is an exciting and exciting challenge. Let’s explore the criteria and choices:
The ability of a currency to stay long and grow:
Presence: Crucial criterion - The currency must withstand the test of time.
Team and Product: A founding and proven team with a product that resists threats.
Understanding the cryptocurrency ecosystem and how it works:
The chosen currency should contribute to the overall cryptocurrency system, similar to how YouTube supports content creators or the boom of well-known exchanges like Binance.
Real Market Cap:
As a cap built on comparing the future of the cryptocurrency market with the global money market, it ensures that the resulting value can be achieved.
Some selected selections outside the Top 100 list:
Inch (1Inch): A decentralized exchange broker that facilitates the efficient exchange of currencies, even on restrictive platforms like Gemini. Ren
($Ren): Provide liquidity to DeFi platforms across various blockchain networks.
Voyager Token ($VGX): A competitor to Coinbase in the US, no fees and opportunities to lock tokens with high returns.
Curve DAO ($CRV): Decentralized exchange for stablecoins, available on platforms like Gemini.iExec
(RLC): Despite recent volatility, it offers decentralized cloud computing resources and may play a critical role in the ecosystem.
Final tip: Speculative nature must be considered, so diversify your investment portfolio; assume some projects may not work.
Caution:⛔️ ⚠️
Investing in financial markets and digital exchanges is unstable and insecure. See our Risk Warning for more information (Invest with caution).
$RLC $REN $1INCH #vgx #crv
Chart request : $CRV 📊
Current price;
Bullish 📈 [daily]
Neutral⏳ [short term]
Key supports🎯:
0.5940$ - 0.5600$ zone.
Main resistances above🎯 :
0.620 - 0.650 - 0.680 - 0.750$
🚀Bullish scenario for the mid term
❗️Short term: possible retest of the 0.5600$ support
📈Bullish scenario valid as long as the daily remain above 0.5580$ (by closing)
#crv #trading #crypto #sol #dyor
Current price;
Bullish 📈 [daily]
Neutral⏳ [short term]
Key supports🎯:
0.5940$ - 0.5600$ zone.
Main resistances above🎯 :
0.620 - 0.650 - 0.680 - 0.750$
🚀Bullish scenario for the mid term
❗️Short term: possible retest of the 0.5600$ support
📈Bullish scenario valid as long as the daily remain above 0.5580$ (by closing)
#crv #trading #crypto #sol #dyor
#CRV/USDT - Small Size
LONG
Max leverage recommended: 10X
ENTRY : - 0.4921 - 0.4750
Target 1: 0.4977
Target 2: 0.5111
Stop | Loss : 0.4662
#crv #CryptoTalks #crypto2023 #cryptocurrency #crypto $BTC $USDC $ETH
LONG
Max leverage recommended: 10X
ENTRY : - 0.4921 - 0.4750
Target 1: 0.4977
Target 2: 0.5111
Stop | Loss : 0.4662
#crv #CryptoTalks #crypto2023 #cryptocurrency #crypto $BTC $USDC $ETH
LIVECRYPTO SNIPPER
--
#CRV /USDT
SHORT
Leverage: 20X
Entry : 0.613 - 0.619
Targets :
0.609
0.596
0.583
0.570
Stop : 0.651
™
@crypto_snipper_group
SHORT
Leverage: 20X
Entry : 0.613 - 0.619
Targets :
0.609
0.596
0.583
0.570
Stop : 0.651
™
@crypto_snipper_group
$BTC $CRV $ETH #altcoins #BTC #bitcoin #crv #dyor
ALERT ‼️ 🚨 🚨
CRV Analysis:
Looking at the Renko Bars, we are in a neutral zone for now. However, the Wave Pendulum Trend and Cosine Kernel Regression has just turned bullish, we could be seeing big price increases in the next days, but it will not be so sudden.
Price is still trading in the neutral zone, but lookout for a coin about to pump, will post updates for buy signals.
ALERT ‼️ 🚨 🚨
CRV Analysis:
Looking at the Renko Bars, we are in a neutral zone for now. However, the Wave Pendulum Trend and Cosine Kernel Regression has just turned bullish, we could be seeing big price increases in the next days, but it will not be so sudden.
Price is still trading in the neutral zone, but lookout for a coin about to pump, will post updates for buy signals.
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#crv And are you investing your hard-earned money in a project whose owner is playing on leverage? If so, congratulations, because you will be a capital donor.
$CRV
$CRV
