RARE Token Surges 19% After $730K Exploit Response, New 70% APR Staking, and NFT Sector Boost

SuperRare (RARE) experienced a notable price increase of 19.05% over the last 24 hours, with the RAREUSDT pair currently trading at $0.0600 on Binance. This price surge is primarily attributed to the platform's swift response to a recent $730,000 exploit on an old staking contract, including the announcement of a reimbursement plan, the implementation of a security patch, and the launch of a new staking rewards program offering a 70% APR for RARE holders. Additionally, the integration with CreatorPad and renewed activity in the NFT sector have contributed to heightened investor interest and trading activity. The 24-hour trading volume has seen a significant rise, reflecting increased market participation, while the token's market capitalization remains robust, supported by a circulating supply of approximately 820–825 million RARE out of a 1 billion maximum supply.