Q: Frax Finance has launched the FRAX burn engine, using protocol revenue for buybacks and burns. What do you think?
A: This gives bulls another reason for confidence, but whether it materializes remains to be seen in the price action. It’s safer to reassess when the price pulls back near a key level than to chase it as soon as the news breaks.
$FRAX , 24h -1.57%.
A: This gives bulls another reason for confidence, but whether it materializes remains to be seen in the price action. It’s safer to reassess when the price pulls back near a key level than to chase it as soon as the news breaks.
$FRAX , 24h -1.57%.