CRV Coin experienced a sudden drop of more than 20% as concerns arose over the potential sale of $140 million worth of tokens. Speculation had been circulating about a possible collapse of CRV following a downturn in the cryptocurrency market. The founder of Curve, who had used $140 million worth of CRV as collateral for DeFi debt, managed to address the issue by either repaying the debt or adding more collateral when the token’s value neared the liquidation threshold. Stay updated on the newest technology developments with NEWSLINKER.
