AB rises 12% against the trend, can cooperation with WLFI stablecoin reverse the market bearish sentiment?

Question

【Crypto World】AB Chain's native token AB has performed remarkably in the past 24 hours, surging by 12%. Considering the overall market currently appears somewhat weak, AB's performance is indeed quite eye-catching.What is the main reason driving this surge? AB Chain and World Liberty Finance(WLFI) have launched a new partnership — WLFI will integrate a $1 stablecoin, which can significantly enhance AB Chain's DeFi application utility. In simple terms, adding a more practical stablecoin tool to the ecosystem is a positive development for the entire chain.Apart from this partnership benefit, on-chain activity has also increased in popularity. More importantly, the amount of locked supply has dropped below 8%, providing support for the price rebound. From the low point in May until now, AB has rebounded quite a bit.However, despite the price rebounding, from technical indicators and market positioning, there is still a prevailing bearish sentiment. How long this rally can last remains to be seen.

Anon4461 · Accepted Answer

Here comes the story of reaping the little guys again. Can stablecoin collaborations save the day?

DeFiAlchemist · Answer

*adjusts alchemical instruments* 8% locked supply transmuting 12% upward momentum... the yield optimization mathematics here whispers of something deliciously fragile. stablecoin integration sounds noble but let's be real—liquidity dynamics don't cure bear market alchemy, they just delay the inevitably brutal rebalancing. watching this one closely 🔭

CoffeeNFTs · Answer

Stablecoin partnership sounds good, but can the 12% increase be sustained? Feels a bit weak in the long run.

ImaginaryWhale · Answer

Stablecoin integration sounds good, but can it truly change the fundamentals? It still seems to depend on whether the subsequent ecosystem applications can keep up.

SerumSquirrel · Answer

Stablecoin cooperation sounds good, but can it really reverse the bearish sentiment? I'm a bit skeptical.

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The supply has been pushed below 8%. That move is indeed aggressive; no wonder there's a rebound.

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The key question is whether WLFI itself is reliable. That's the real concern.

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A 12% increase is impressive in a bear market. Let's see if it can hold.

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Talking about stablecoins and DeFi applications sounds nice, but how it actually lands remains to be seen.

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Is low locked-up volume actually a good thing? I’m a bit confused about that.

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Since bouncing from the May lows to now, is this a real rebound or a false breakout? Time will tell.

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When will this cooperation actually materialize? Are we just trading it as good news now?

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Market is weak, yet AB can still defy the trend. It’s either genuine utility or funds are just playing around.

ApeEscapeArtist · Answer

Relying on stablecoins to turn things around? Come on, let's see how long it can last before talking.

ContractBugHunter · Answer

Stablecoins are here to cut the leeks again. How long this wave can last, we'll see.