Origin Crypto Up Nearly 30 Percent Amid Ethereum Liquid Staking Spike

in hopdh •  last year 

Origin Crypto, a cryptocurrency exchange that trades the ERC20 Origin (ORC) token, is worth nearly 30% more than the peak.

The price of Origin has increased by almost 27% on day 5:45 p.m., according to data from CoinMarketCap. It was traded at $1.80 by the ORC on January 11, then rose to $2.05 in late January and early February before stabilizing around $1.5 in recent days. here.

Origin's price spike could be related to a large influx of new users who want to participate in Ethereum-based staking events known as liquidity staking, Director Origin moderator Michael Mathiasen said in an email to CoinDesk. Liquid staking allows users to earn interest by leaving their tokens on the platform as collateral while they are not using them to trade or interact with other users' orders.

In particular, Mathiasen cited a spike in interest among traders interested in liquid staking events where anyone can earn interest by leaving tokens. their messages on the platform as collateral while not using them to trade or interact with orders from other users. We've seen growing interest from people who want to join

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The Elliott Wave Theory shows a five-wave move is underway to complete a five-wave Elliott cycle. The first wave is a large countertrend move from the low of the second wave up from the high of the third wave, ending in May 2019.

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The move to Ethereum 2.0 will make it easier for users to access services and provide more security than ever before.

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The move to Ethereum 2.0 will make it easier for users to access services and provide more security than ever before.