$LSK just went vertical. 👀
At the time of writing, Lisk is up over 300% in 24 hours and trading volume has exploded above $400M.
The catalyst is @Lisk ’s biggest reset in years.
The old Lisk Chain will close on October 31, while a DAO proposal would burn 100M tokens and reduce the total supply from 400M to 300M.
If approved, that means:
• A potential 25% supply reduction
• Less future selling from the DAO treasury
• A clearer role for the token
Lisk is also becoming a modern money operations platform, with its token serving as the loyalty asset and Base becoming its primary network alongside Ethereum.
Supply reduction speculation, new utility and small-cap momentum created one massive candle.
The move is already extreme, but Lisk finally has a much clearer story behind it.
At the time of writing, Lisk is up over 300% in 24 hours and trading volume has exploded above $400M.
The catalyst is @Lisk ’s biggest reset in years.
The old Lisk Chain will close on October 31, while a DAO proposal would burn 100M tokens and reduce the total supply from 400M to 300M.
If approved, that means:
• A potential 25% supply reduction
• Less future selling from the DAO treasury
• A clearer role for the token
Lisk is also becoming a modern money operations platform, with its token serving as the loyalty asset and Base becoming its primary network alongside Ethereum.
Supply reduction speculation, new utility and small-cap momentum created one massive candle.
The move is already extreme, but Lisk finally has a much clearer story behind it.
