Curve Token (CRV) Surges 17% On Terra's “4Pool” Launch

The Curve DAO Token (CRV) surged over 17% in the last 24 hours as Terra launched it ambitious “4pool” liquidity pool on the DeFi platform. CRV has become the top gaining token among the top 100 cryptocurrencies.

Timeline of Curve-dao-token, Terra-luna

Inspired by Pokémon GO, Expedition is Terra based Play-to-Earn Augmented Reality (AR) game that recorded 65,000 waitlist signups on the 27 April being its first day. While leveraging the AR technology, the game allows its players to earn $LUNA.

Anchor Protocol, the largest DeFi platform on Terra, recently reduced its annual yield rates in a bid to improve the platform's sustainability. The move comes after users approved a proposal in March to introduce dynamic interest rates.

Fireblocks, the provider of digital asset and crypto technology, recently announced that it has become the first platform to launch institutional DeFi access to Terra, “the second-largest decentralized finance (DeFi) protocol by total value locked (TVL).” Now, Fireblocks customers can “securely access all of the.

LUNA price opened the session higher with a constructive candlestick but erased all the gains as the day proceeded. The price fell like a pack of cards in a highly volatile session.

Terra's native token LUNA slumped over the past week as a broader downturn in the crypto market hit the token particularly hard. It is the among worst performing tokens among the top-10 cryptocurrencies in the past week.

Since reaching an all-time high of $119.55 on April 5, Terra (LUNA) has been declining. On April 18, the coin hit a low of $75.67. Since then, the price has risen. Above the $102 region, the all-time high and subsequent decrease have created a bearish divergence. LUNA was predicted to confirm the $102 area as …

The Terra (LUNA) price finds a surge in buying pressure, resulting in an upside breakout of the falling wedge pattern in the 4-hour chart. Moreover, the morning star pattern increases the chances of a sustained uptrend reaching the psychological barrier of $100.

Despite increasing over the past three days, Curve DAO Token (CRV) is showing bearish signs in both short- and long-term time frames. The post Curve DAO Token (CRV) Rejected By Monthly Resistance appeared first on BeInCrypto.

Amongst the top performers of the day, Curve managed to do well for its investors by noting a 22% rise throughout this week, particularly on 22 and 23 April, which cumulatively accounted for 21% of the entire increase. But Curve… …still has a long way to go, given it's nowhere near its all-time high of