Stargate and its ATH in onchain activity

Stargate Finance seems to be exploding in terms of onchain activity on Arbitrum:

Source: Sanbase

Why? We could only suggest this might be connected to active voting within Stargate DAO.

The thing is we do not need to know the exact reason when observing this sort of burst on basic onchain metrics.

People are doing activities, spending their time, they are committed, it means they likely are expecting something. And they will probably be doing shilling or whatever.

So when there is such a massive activity happening, especially into the falling market, that's a high risk-reward.

Of course nothing can stop it from crashing. But if the market decides to change direction, STG is best prepared already. You might only need to harvest.



Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.

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