Michael Egorov, the founder of Curve Finance, has made a significant move by purchasing $1.2 million worth of CRV ($0.54) tokens. While the CRV price has been hovering around the $1.10 mark, experts suggest that it could rise above $2 in the near future. This acquisition has generated notable interest in the market.
Michael Egorov’s Purchase Draws Attention
According to data from the blockchain analysis platform Spot On Chain, Egorov acquired approximately 1.08 million CRV tokens at an average price of $1,114. This purchase is particularly noteworthy as it marks Egorov’s first major investment since the liquidation incident on June 13. His actions have sparked discussions about renewed confidence in CRV tokens.
Crypto market experts view Egorov’s investment as a significant catalyst for the token‘s price movement. Some analysts predict that capital will shift towards altcoins as Bitcoin
24h Most Popular
Utilities