Bitcoin

LeverFi’s $13.7B LEVER mint triggers market unease ahead of Binance exit

Raisse the spotlight last week after Binance announced that it would close it and four other altcoins on July 4, triggering mixed performance in these tokens.

While the abolition of a superior trading platform harms the crypto projects, the latest Blockchain de Légerfi transactions enlarged concerns among leverage holders.

In particular, the protocol struck 13.7 billion tokens days before the expected radiation.

This decision raised questions on the potential effect on value, transparency and the calendar of the lever.

Nevertheless, the emission of massive tokens increased the lever offer to almost 56 billion, against 35 billion.

While the strike corresponded to the team’s May announcement on the Leverai setting up program, the close calendar of imminent radiation and the movement of some of the new coins in Bybit and Mexc aroused concerns among traders and holders.

Raissenfi did not communicate the motif behind the huge jeton strike as binance despair.

Leverai and overvoltage of the power ceiling


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The decentralized protocol announced that Leverai, an automation and implementation program supplied by AI on May 15.

The team confirmed that it would increase the offer of tokens from 35,000,000,000 to 55,786,500,000, with plans to support growth initiatives such as AI developments, ecosystem incentives and implementation awards.

Thus, the last mint corresponds to the planned upgrade of the Tokenomic. However, the deployment comes in the middle of the lowered feelings while enthusiasts are preparing for the binance of radiation later this week.

The lack of real -time updates of the team on the tokens allowed the concerns about the expansion of the offer.

Some suggest that the partial deposit to go out could indicate an upcoming dumping ground, in particular with the support of Binance which has ceased.

However, the supporters believe that the decision is part of the redistribution of liquidity because Lifting Lifting explores other exchanges.

Binance returns fuel speculation


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Binance remains crucial for liquidity because it improves visibility, accessibility and volume. Consequently, the abolition of lever support means a significant blow.

Binance users will no longer accept the native token to REVEFI from July 4, resulting in lower exposure and reduced liquidity.

The exchange implements projects that have failed to impress due to factors such as non -reactive teams, developments in lower ecosystems and inactive communities.

The Leverfi team should act accordingly to maintain the brand image by cement its presence on different platforms.

In addition, the protocol must justify the usefulness of the native token using the Leverai program.

Consequently, the team could have carried out fraud for optimistic purposes, in particular by supporting the expansion led by AI, by rewarding users and supporting the ignition pools.

However, the clarity of the team remains crucial to delete doubts among leverage fans.

Lever price prospects


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Despite increasing uncertainty, the native token earned more than 3% in the previous 24 hours, probably pulled by large market rebounds.

Graphic by CoinmarketCap

However, lift will support little to support this rally in the middle of the massive increase in supply and implementation of debates.

It has lost more than 20% of its value in the last seven days, reflecting the deduction of market confidence and concerns about the dilution of tokens.

However, the long -term potential to lift will depend on how the team reacts at this pivot time.

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