$LSK Went From $0.20 to $2 Then Back to $0.88
Lisk's token exploded 900%+ from its August low, briefly breaking above $2 before giving back most of the move within hours.
The result? $41.1M in liquidations.

But there's another story behind the spike.
Lisk plans to shut down its old blockchain and pivot toward stablecoin payments. A proposed 100M LSK burn could also slash maximum supply by 25% but holders still need to vote.