Published on July 5, 2024 · Reading time 2 minutes · Created by Fyde Labs
July is shaping up to be a big month at Fyde Treasury, and it’s starting off strong! While most large-cap and high FDV tokens have taken hits of -80% to -90%, $TRSY continues to perform impressively. Here’s a look at this week’s highlights:
Despite a broad market downturn, $TRSY is up 15% this year! As other large-cap and high FDV tokens struggle, $TRSY stands out, showcasing resilience and strength in a challenging market.
A big thank you to everyone who joined our recent security AMA! For those who missed it, you can catch the replay with our friends at @matchain_io. Here’s a sneak peek:
“At Fyde, security is our top priority. Our team includes individuals who’ve conducted solo audits, and before launching any feature, we test it rigorously by attempting to hack it ourselves.”
Want to hear more? Listen to the full AMA here.
High FDV tokens are feeling the pressure as VCs offload their stakes. If you're a whale holding $AEVO, $STRK, $RENZO, or $ZETA, consider your options carefully. Rather than being exit liquidity for VCs or tanking the price by selling, Fyde offers alternative strategies. Read more about it here.
Stay tuned for more exciting updates from Fyde!
Until next time,
The Fyde Team