The Liquity currency (symbol: LQTY) has experienced a strong increase of 15.9% over the past 24 hours, reflecting positive momentum associated with the adoption of version 2 (V2) and the integration of Bitcoin-backed stablecoins, supported by technical rebounds in the market.
1. V2 Adoption Drivers - Network expansion through integration with Chainlink and user-defined interest rates have boosted protocol activity.
2. Bitcoin-backed Stablecoins - New protocols based on the Liquity model, such as BTD and USDaf, have attracted speculative interest.
Technical Rebound - The price bounced from a key Fibonacci support level at $0.98 amid low volume fluctuations.
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