đ $CRV dropped -7% yesterday from $0.36 to $0.33 â everyone's thinking "stablecoin DEX is done"
But behind the scenes: Curve just went live on Circle's Arc network (massive for stablecoin infrastructure). Llamalend V2 emissions cut, crvUSD peg holding, veCRV fee flows climbing
Big twist: retail is 54.9% short, meaning smart money is accumulating. Curve's the "unglamorous backbone" but protocol revenue is actually growing
Is this dump a buying opportunity, or is $0.30 next?
#Bitcoin #Curve #DeFi #BinanceSquare
But behind the scenes: Curve just went live on Circle's Arc network (massive for stablecoin infrastructure). Llamalend V2 emissions cut, crvUSD peg holding, veCRV fee flows climbing
Big twist: retail is 54.9% short, meaning smart money is accumulating. Curve's the "unglamorous backbone" but protocol revenue is actually growing
Is this dump a buying opportunity, or is $0.30 next?
#Bitcoin #Curve #DeFi #BinanceSquare