FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by activist investors and comprised of dozens of disaffected holders who opted to join their exodus. The splinter group quickly initiated a redemption that paid nearly $5 per FLOOR, close to this year’s high water mark for the struggling asset, which is currently trading at $3.88.
Is The Bitcoin Cycle Peak In? Historic Halving Knowledge Suggests Upside Potential Into Late 2025
Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure Bitcoin is now down over 29% from...
