Jade Protocol Faces Calls to Liquidate $31M Token Treasury
A longtime member says the DAO “poses a major investment risk to all token holders,” and should shut down.
24H Price
The Origin Protocol price is $0.1205, a change of -10.79% over the past 24 hours as of 8:03 a.m. The recent price action in Origin Protocol left the tokens market capitalization at $60,578,247.70. So far this year, Origin Protocol has a change of 39.55%. Origin Protocol is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
A longtime member says the DAO “poses a major investment risk to all token holders,” and should shut down.
Crypto hedge fund Ouroboros Capital says the token could test the $1,600 price level as protocol profits grow.
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.
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