RARE Token Surges 32.79% After Security Response, $730K Reimbursement, and CreatorPad Integration

SuperRare (RAREUSDT) experienced a significant price increase of 32.79% over the last 24 hours, with the current price at 0.0652 USDT on Binance, up from a 24h open of 0.0491 USDT. The sharp price movement is likely attributed to the recent exploit of the old RareStakingV1 contract, which resulted in a loss of approximately $730,000 but was followed by the team's prompt announcement of full reimbursement for affected users and the implementation of a security patch, restoring market confidence. Additional factors include a large deposit of RARE tokens to an exchange and the announcement of a new CreatorPad integration, both of which may have contributed to increased trading activity and volatility. The 24-hour trading volume stands at $6,389,928, with a circulating supply of about 820 million RARE and a market capitalization near $40.5 million, reflecting heightened interest and activity in the asset following recent developments.