August 25, 2023: Why Megalodon Whale Dump? 🐋📉

The bear case for $CRV

Every day we check the price. Bad price.

We know the devs have done something.

As much as we hate writing about token price in this newsletter, and prefer to focus on all the cool technology and project throughout the Curve ecosystem, the crappy token price remains the 100 ton megalodon whale in the room.

We don’t feel we can credibly write a newsletter about updates in the Curve ecosystem without addressing the topic on everybody’s mind, which is the abysmal state of the $CRV token’s trading price.