$LSK Give up even your own chain, and a 66% surge is the last chance to escape
Lisk’s official announcement says it will officially close the Lisk Chain on October 31, and all tokens must be bridged to Ethereum. For a project that abandoned its own blockchain, pivoting to corporate finance is uprooting it at the root—not good news.
The so-called “burning 100 million tokens” is old news from late August that has been re-hyped. On September 11, there was no new announcement—price moved first, and only then did the narrative follow, scrambling to find reasons. A Gate Plaza analyst said plainly: “The LSK rally is propped up by leverage and speculation, not by any fundamental changes.”
Lisk’s official announcement says it will officially close the Lisk Chain on October 31, and all tokens must be bridged to Ethereum. For a project that abandoned its own blockchain, pivoting to corporate finance is uprooting it at the root—not good news.
The so-called “burning 100 million tokens” is old news from late August that has been re-hyped. On September 11, there was no new announcement—price moved first, and only then did the narrative follow, scrambling to find reasons. A Gate Plaza analyst said plainly: “The LSK rally is propped up by leverage and speculation, not by any fundamental changes.”