Curve DAO Token (CRV)

$CRV at our range highs on the USD pairing just like $BTC. Next move is primarily going to be dependent on if $BTC rejects range highs or not, but you can see here how CRV has still not reclaimed the CRV/BTC range lows while the USD pairing has left behind a lot of untapped liquidity inside our range. If $BTC rejects at it's own range highs, would expect CRV to continue to range as well and move back to it's range lows also. At the end of the day I don't mind this ranging because the longer we range here (without breaking our key .18 level to the downside) the more explosive our breakout will be when it comes. Take this chop as an opportunity to continue to accumulate these assets cheap while you can.

I feel seen. Joke apart I can’t respond directly since apparently @newmichwill blocked me. But I am definitely not anti @CurveFinance nor anti $CRV. As soon as it will look like an undervalued play I will be all over. Same if I see the protocol do great moves. I was a big fan of $crvUSD, think it has one of the best decentralized stablecoin design out there. But truth is it is currently failing to grow and @yieldbasis wasn’t the panacea that was promised (and it should have been a Curve product). For me it was supposed to be the main driver of growth for Curve and so far this s not what I see. I think my comments on the post he answered are quite fair and happy to here a constructive rebuttal to anything.

I am less and less optimistic about $CRV long term. $crvUSD stablecoin value is failing to materialize, the supply is stuck low. @yieldbasis extra risk without real return on it. @CurveFinance itself doesn’t look like it is growing and the competition from @0xfluid and @Uniswap et company is fierce. Hard to find a reason to allocate.

$CRV / $USD - Update We could see a YUGE run on CRV soon if we can back into this range low and resistance zone. https://t.co/QInIx2BghH

CRV @CredibleCrypto

Quiet protocol design shift: Curve’s crvUSD + LLAMMA is one of the only stablecoin systems that treats liquidations like a process, not a cliff. Soft-liquidations can damp cascades, but the real exam is a trend day with sustained directional pressure. Resilient mechanism, or complexity hiding tail risk?

$CRV as an example Many assets looks like this, just clean range and price sitting in the middle without clear direction yet. This is place where most people losing money instead to wait for breakout. Don’t diddle in the middle https://t.co/mG9eMv59tk

$CRV long, no one does it better😂 https://t.co/IbMQH1rrd6