Yesterday I bought 43.4 $CRV for $0.2515. The amount is small - 10.91 USDT.
But I’m more interested in something else: what exactly did I buy — a price move, or a genuinely undervalued DeFi project?
Curve is a working DeFi protocol, and CRV has a function within the ecosystem: you can lock the token in veCRV, participate in governance, and receive a share of the fees.
CRV’s emissions gradually decrease. The logic is clear: if supply grows more slowly, and the protocol continues to be used, pressure on the token should lessen.
But a working protocol doesn’t automatically mean a rising token.
What matters more to me is whether Curve’s activity turns into sustainable demand specifically for $CRV , or whether the price mainly moves along with the rest of the market.
So for now, I see this purchase as a small test of the idea rather than a bet on “x’s”.
If CRV keeps moving, it will be interesting to understand what drives it more strongly — the market or fundamentals.
❓Do you even look at Curve right now?
$CRV #CURVE #DeFi #trading
But I’m more interested in something else: what exactly did I buy — a price move, or a genuinely undervalued DeFi project?
Curve is a working DeFi protocol, and CRV has a function within the ecosystem: you can lock the token in veCRV, participate in governance, and receive a share of the fees.
CRV’s emissions gradually decrease. The logic is clear: if supply grows more slowly, and the protocol continues to be used, pressure on the token should lessen.
But a working protocol doesn’t automatically mean a rising token.
What matters more to me is whether Curve’s activity turns into sustainable demand specifically for $CRV , or whether the price mainly moves along with the rest of the market.
So for now, I see this purchase as a small test of the idea rather than a bet on “x’s”.
If CRV keeps moving, it will be interesting to understand what drives it more strongly — the market or fundamentals.
❓Do you even look at Curve right now?
$CRV #CURVE #DeFi #trading