CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis

Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence in CRV’s price occurs alongside a broader uptick in altcoin markets, partially influenced by positive developments regarding Ethereum 2.0 and the cessation of the SEC’s investigation into it.