💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
#BLUM /TON - 255% APR
I’m diving into the liquidity pools with the highest APR on DEXs, and today, this pool takes the top spot for APR on STONfi, the largest DEX on the $TON blockchain. So, why is that?
1. Farming
Currently, farming is active in this liquidity pool, offering rewards of $417/day, which contributes to this high APR. In addition to the pool’s base APR, liquidity providers (LPs) are also receiving extra rewards.
2. Airdrop
Blum recently conducted its airdrop, but what’s notable is that most users have kept their tokens in vesting, claiming them gradually. This creates stable volumes in the BLUM/TON pair, resulting in a high APR.
3. Additional Factors
As far as I know, the Blum team didn’t allow users to claim tokens on centralized exchanges (CEXs); only on-chain claims were available. If this is true, 100% of the Blum volumes from the airdrop are processed through DEXs, with most happening on SТОNfi, which further drives the high APR.