#Xai先锋创世纪 CRV is currently performing very poorly on the weekly chart. Even if yesterday's event had not occurred, CRV has been hitting new lows.
For example, in the callback in April this year, other cryptocurrencies did not hit new lows, but CRV was an exception, which shows that its trend itself is weak. Yesterday's event only exacerbated the unfavorable trend of the market.
The strength of the market trend can be seen in advance from the disk. If there had not been yesterday's liquidation event, I believe many people would not pay attention to CRV at all.
Compared with FTX and LUNA, the biggest difference between CRV is that it is at the bottom of the price, while FTX and LUNA may be at the top.
Therefore, yesterday's liquidation event caused some panic, but since the CRV price was already at the bottom, it did not have much impact on investors.
In summary, CRV's poor performance and being at the bottom of the price made yesterday's event have less impact on the market compared to FTX and LUNA.
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As a platform, XAI provides efficient and low-cost solutions that enable developers to easily build and deploy various smart contracts and decentralized applications.
At the same time, XAI has attracted a large number of users and developers through its scalability and security features, becoming an indispensable part of the Arbitrum ecosystem.
The emergence of XAI is not only to promote technological progress, but also to bring more choices and opportunities to users and developers by providing reliable infrastructure. The functions and services it supports are constantly expanding, contributing to the healthy development of the Arbitrum ecosystem.
Overall, XAI has played an important role in the development of the cryptocurrency and blockchain fields, and its continuous innovation and improvement have set new standards for the entire industry. 🚀💪🔥$XAI $CRV $FTT
