Suspected April Fools' Day Prank, Liquity Claims to Have Been Acquired by Circle as Token Price Surges Over 10%

BlockBeats News, April 1st, Liquity official posted on social media that stablecoin giant Circle has acquired Liquity. They stated, "This acquisition will enable Circle to provide users with an unfreezable stablecoin and distribute earnings directly based on the 'Clarity Act'."

Although the content highly resembles an April Fools' Day joke, it still caused a surge of over 11% in the LQTY coin price, now trading at $0.295.

Currently, the official team has not provided further clarification.