DRIFT Short-Term Surge of Over 15% Following Announcement of $147.5 Million Support for User Recovery

2 hours ago

On April 16, data from HTX shows DRIFT has surged over 15% in the short term, currently trading at $0.0526. Earlier reports note Drift announced its Drift Protocol has secured support from Tether and other partners. Tether plans to contribute $127.5 million, while other partners intend to put in $20 million—jointly backing user recovery efforts following the April 1 exploit.

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