# SYRUP

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🚀 $SYRUP /USDT: Is the Bounce Back Starting?**
If you've been tracking SYRUP/USDT on Gate.io, the current price action is worth your attention. We're seeing some encouraging signals that suggest the recent pullback might be over.
What's Going On?
After dropping to around $0.30 (the lower support zone), $SYRUP has bounced back and is now trading at $0.3357—up 4.22% in the last 24 hours. This kind of bounce from support often marks the beginning of a recovery phase.
Reading the Signals:
Let me translate what the chart is showing in simple terms:
- Buyers are stepping back in. The RSI (a tool th
SYRUP5,75%
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MIP-020 proposes the extension of Maple Finance Official syrup Strategic Fund (SSF) framework by six months, allocating 25% of protocol revenue to $SYRUP ‌ token buybacks and liquidity building, following its activation in MIP-019 to replace staking rewards.
As a DeFi lending protocol, this extension supports long term $SYRUP holder alignment by reducing circulating supply, potentially drawing more institutional participation amid Maple's onchain asset management expansion.
stay bullish on $SYRUP
stay hydrated with $SYRUP
#SYRUP
SYRUP5,75%
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MIP-020 proposes the extension of Maple Finance Official syrup Strategic Fund (SSF) framework by six months, allocating 25% of protocol revenue to $SYRUP token buybacks and liquidity building, following its activation in MIP-019 to replace staking rewards.
As a DeFi lending protocol, this extension supports long term $SYRUP holder alignment by reducing circulating supply, potentially drawing more institutional participation amid Maple's onchain asset management expansion.
stay bullish on $SYRUP
stay hydrated with $SYRUP
#SYRUP
SYRUP5,75%
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#SYRUP $SYRUP shows signs of a potential breakout pattern. The technical setup looks promising for an upward move. Traders are closely watching this opportunity for entry points. Bottom support is solidified!
SYRUP5,75%
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