On April 1, Liquity's official social media account announced that the stablecoin giant Circle has acquired Liquity. They stated, 'This acquisition will enable Circle to provide users with non-freezable stablecoins and directly allocate profits under the Clear Act.' Although this announcement is highly suspected to be an April Fool's joke, it still caused the price of LQTY to surge over 11%, currently quoted at $0.295. The official has not provided any further explanation at this time.
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Liquity Claims Acquisition by Circle, Leading to Over 10% Price Surge
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