The post Cetus Protocol (CETUS) Price Soars 27% After Hack Recovery Announcement appeared first on Coinpedia Fintech News
The Cetus Protocol, considered to be the largest liquidity provider on the SUI blockchain, has recently shown a fantastic intraday jump of 27% in its native token CETUS price has showed a fantastic intrady jump of 27% and it is exchanging hands at $0.1665.
This spike was fueled by Cetus Protocol’s recent great news following last week’s over $200 million hack. Per the news, they said they are covering the stolen assets, using cash, token treasuries, and a critical loan from Sui Foundation. This optimistic news has made CETUS one of the day’s top gainers. Keep reading to know more.
Recent Optimistic News Boosted CETUS Price & Volume
On May 22, the Cetus Protocol’s price shattered more than 40% in a single candle and more than 50% in the past week, after experiencing a bold Q2 rally alongside other altcoins of the sector.
This sudden intraday
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