The price of the LQTY digital currency achieved a significant increase, with the value of the currency reaching $1,420, an increase of more than 17% on the Binance digital platform.

The price of the currency has currently reached $1.44, with the possibility of continuing to rise in the coming hours. The trading volume of the LQTY digital currency reached $60.25 million in the last 24 hours, while the market value of the currency reached $143,573,878, with an increase of 41.91%, according to the information provided. From the CoinMarketCap website.

After following the LQTY currency and its price during the past hours, the Arab Bitcoin Academy team searched for the reasons for this rise, by returning to the official LQTY platform accounts and searching for the latest news or updates that indicate the reason for the rise in the currency.

Read also: Is LQTY currency halal or haram?

The first version of the Liquity Network, being interest-free with a fixed cost rewards system, has proven to work reliably in low-interest environments and remains a viable option for borrowers in such scenarios, however in changing environments there is a need for a fully market-driven protocol – A self-healing protocol that can adapt to any market condition without the need for governance.