- Curve DAO token (CRV) gains 35% price surge in 24 hours.
- Remarks one of the highest gainers for the day .
- Expected to make its ATH soon crossing over the $6 target.
As well said, almost the whole month of October most of my writings everyday denote the surge of different altcoins and many attaining their all-time-highs (ATH). With this as a writer I am personally overwhelmed with such a fruitful month for the entire crypto industry.
In such terms, another altcoin has performed radically for the past 24 hours. The Curve DAO Token (CRV) has seen a massive surge in its price of about 35%. This makes it one of the hot gainers for the day.
Surge of 35% gains
Accordingly, the price of CRV touched a massive $5.22. This is the highest for the altcoin for over the past one year.
Previously, CRV was above the $5 range in September, 2020 and now after about more than a year CRV has crossed the $5 target again.
Moreover, from the graphs it’s evident that the surge started from about a week’s time, steadily moving upwards.
In spite of this, the past 7 days being taken into consideration, CRV has gained more than 81.35%.
Future of CRV
Furthermore, the graphs indicate that CRV will further remain above the $5 range. Besides, as analysts predict, CRV will momentously cross its next target of $6 and rally further.
And so, if it breaks the $6 target, then CRV will momentarily move towards crossing $7, heading for its all-time-high (ATH) soon.
In addition, all this ATH target is expected to take place before the end of 2021. Therefore, analysts predict investing upon CRV even at this moment is completely safe and sound.
A Peek into Curve DAO Token (CRV)
The Curve platform is nothing but a decentralized exchange platform solely for the stablecoins. In addition, it manages its entire liquidity basically on automated market maker (AMM). Also, it expands itself to all Decentralized Finance (DeFi) based services too.
Besides, the CRV being the native token for the platform was launched in August 2020, once Curve became a Decentralized Autonomous Organization (DAO), enabling Ethereum (ETH) based smart contracts.
