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

BlockBeats News, April 16th, according to HTX data, DRIFT saw a short-term surge of over 15%, now trading at $0.0526.

Earlier reports, Drift announced that the Drift Protocol has received support from Tether and other partners. Tether is planning to contribute $127.5 million, while other partners plan to contribute $20 million, jointly supporting the user recovery efforts after the April 1st exploit.