Nevertheless, some observers said there may have been fundamental reasons behind the gains. “The parabolic move by SHIB is mainly fueled by the coming Shibarium protocol,” shared Adam O’Neill, CMO at crypto exchange Bitrue, in an email. “This move is also partly coming from SHIB burnt token that has reached a total of 400 trillion milestone.”
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...