🔥 Monthly increase of 1900% into the top 100, is RIVER really the next stablecoin king?

Multi-chain stablecoin abstraction platform River

The native token RIVER has skyrocketed by 1,900% in the past month,

with the price rising from about $5 in December last year to $82,

bringing the market value to $1.6 billion, ranking up to 67th place.

The lineup behind it is also very luxurious👇

Arthur Hayes publicly called for the exchange listing on January 6

Sun Yuchen spent $8 million last week to promote the integration of River into the Tron ecosystem

But the risks are also increasing simultaneously.

CoinGlass warns:

RIVER's price may be subject to capital rate manipulation paths👇

👉 First, suppress the price to make the capital rate deeply negative

👉 Concentrate short positions

👉 Then reverse to induce long positions, completing the price surge

Some fundamental data is also cooling down:

The protocol's TVL is about $161 million (peak of $605 million in October last year)

Over-collateralized stablecoin satUSD has a market value of $159 million, ranking 40th among stablecoins

In summary:

The narrative is strong, the support is solid, and the momentum is fierce,

but such a level of increase, the risks are never linear.