๐ Lorenzo Protocol BANK Token Rockets ~99% to $0.227 on BTCFi Hype and Short Squeeze
Lorenzo Protocol's BANK token surged roughly 98% on July 20-21, blasting from the $0.03 range to an all-time high near $0.27 and logging over $400 million in 24-hour trading volume. More than $1 million in leveraged short positions were liquidated as the price broke out of a months-long descending channel, with momentum fueled by the BTCFi narrative and rising institutional DeFi interest. Not financial advice. Can BANK hold these levels after the short squeeze, or is a sharp pullback coming?
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