LSK woke up to liquidate the short sellers
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
The Lisk project token—dating back to 2016—has surged nearly 1,000% in a week.
On October 31, the project will shut down its Ethereum L2 network. Instead, it will launch a financial platform focused on payments and stablecoins (marking the third strategic pivot in a decade).
At the same time, plans are in place to:
• burn 100 million LSK, reducing the total supply to 300 million.
• halt LSK sales used to fund the DAO.
• utilize the token for fees, rewards, and more.
The rally appears driven largely by speculation; wallets that had been accumulating LSK over recent months have been spotted moving their tokens to exchanges.
#LSK #LSKUSDT
$LSK
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
The Lisk project token—dating back to 2016—has surged nearly 1,000% in a week.
On October 31, the project will shut down its Ethereum L2 network. Instead, it will launch a financial platform focused on payments and stablecoins (marking the third strategic pivot in a decade).
At the same time, plans are in place to:
• burn 100 million LSK, reducing the total supply to 300 million.
• halt LSK sales used to fund the DAO.
• utilize the token for fees, rewards, and more.
The rally appears driven largely by speculation; wallets that had been accumulating LSK over recent months have been spotted moving their tokens to exchanges.
#LSK #LSKUSDT
$LSK
