Popsicle Finance (ICE) Price Increased 377% After The News That Frog Nation Reappeared

Key Points:

• ICE token has increased in value by roughly 377% in the previous 24 hours

• ICE investors now hold out hope that Popsicle Finance can get back to where it was in 2021 now that its creator has returned

Popsicle Finance (ICE), a former DeFi 2.0 startup, saw huge gains after its founder, Daniele Sestagalli, announced his return.

When word spread that Popsicle Finance (ICE) “tycoon” Frog Nation had made a comeback, the stock price exploded. Popsicle Finance is a chained AMM project, and its ICE token has increased in value by roughly 4 times in the previous 24 hours after its creator, Daniele Sestagalli, declared its imminent comeback.

With the launch of WWonderland (TIME), the Avalanche version of Olympus DAO (OHM), Abracadabra.money (MIM/SPELL), a new generation lending platform, and Popsicle Finance (ICE), an inter-chain market maker protocol, Daniele Sestagalli has established himself as a prominent figure in the DeFi community and the DeFi 2.0 movement in the middle to late 2021. Frog Nation, the collective name for the people working on this project, had previously considered making an offer to acquire SushiSwap.

Critics pounced on both of these figures after they became mired in the 0xSifu affair in early 2022 and then saw the Solidly project on which he had partnered with “DeFi Godfather” Andre Cronje fail acceptance and hostility from the crypto community.

On the other hand, Daniele Sestagalli resumed work on Twitter on the 20th of December and stated unequivocally that he was reviving Popsicle Finance alone. Even though he has missed previous DeFi endeavors, Frog Nation’s creator “pulls the interaction” by asking his fans to introduce them.

Therefore, the price of an ICE token has increased by 377%, from $0.12 to $0.5808, in the span of just 24 hours.

Many ICE backers now hold out hope that Popsicle Finance can get back to where it was in 2021 now that its creator has returned. Then, in November of 2021, just before the controversies broke out, the price of ICE reached a high of $61.

Andre Cronje, like Daniele Sestagalli, recently announced his return to the cryptocurrency sector and, more specifically, the Fantom (FTM) project after an alleged half-year absence; nevertheless, it is unclear whether or not this individual has genuine interest in the project.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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