After reaching a peak above $0.00027 yesterday, the price of LEVER Coin began to experience a steady decline. In the last 24 hours, the price has fallen to $0.00170 and is now struggling to bounce back from the bottom. How effective can the turnaround be in connection with the announcement made a few minutes ago?
Why Did LEVER Coin Rise?
Since yesterday, the melting LEVER Coin price dropped from the $0.0027 levels to $0.0017. Now it has climbed to $0.00178. A short while ago, the team announced a new partnership with DWF Labs without going into the details of the deal, trying to increase investor interest. However, even though this pushed the price from $0.0017 to $0.00186, it could not help a lasting recovery.
The announcement stated:
“With the launch of LeverPro BRC20 Launchpad, we are excited to present a Series of Partners for the LeverPro platform with stable partners. DWF Labs has been a loyal supporter of the LeverFi ecosystem with its investment of 2 million USD earlier this year. With an already established solid partnership, DWF Labs will continue to support LeverFi’s efforts to bring DeFi innovation to the BRC20 ecosystem. In addition, DWF Labs has made significant capital investments in the global web3 ecosystem and will continue to do so through the LeverPro launchpad as one of its investment channels.”
