CandleFocus

Curve (CRV) 10% Jump Makes It Top Performing Altcoin, Outpaces Other DeFi Tokens

Author: Content Editor
The native cryptocurrency of decentralized lending and borrowing protocol Curve Finance, CRV, has emerged as the top-performing altcoin among the top 100 cryptocurrencies. In the last 24 hours, CRV's price has increased by approximately 10%, outpacing other cryptocurrencies in the market. This surge in price is driven by sentiment among short-term holders, as indicated by an increase in the number of short-term CRV holders over the past seven days. On-chain data also shows that crypto whales have been accumulating CRV tokens, which further contributes to the price increase. If the trend continues, CRV's price could continue to climb, with potential targets above $1.35 and as high as $1.70. However, if bears take control, the price could potentially slide to $0.62.

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