Protocol of Decentralized Finance (Defi) Finance of Arce (Syrup) has swept any bearish cryptographic feeling, increasing by 23% in the last 24 hours after it appeared in the UPBIT, the largest exchange of South Korea.
The daily volume increased from $ 230 million to $ 862 million after the list when the merchants entered to buy syrup despite a broader setback from the cryptocurrency market.
BTC retired to $ 116,000 on Monday, since assets as a Sun did not manage, sliding another 2% to $ 180 to erode the previous days of profits.
The syrup is also well prepared for the continuation to the advantage in light of the Governance proposal MIP-018, which suggests increasing tokens repurchases using protocol income. The vote began on July 25.
From a technical perspective, the syrup is in a clear territory of rupture, with the movement backed by significant volume and impulse. He shot to form a new record on Friday, playing 68 cents before retiring to 59 cents.
Read more: Bitcoin slides to $ 115K as Dow Jones Rally posts in December-January
