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Hi, Why is CVX token going up? Would someone be

kind to inform me, or point me in a direction that would explain the price surge? Thanks 😊

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A dao recently passed a vote stating they will buy 40m worth of cvx at a maximum price of $50. Cvx should actually be a lot higher right now.

Tor-Arne- Автор вопроса
Uncle Denny
A dao recently passed a vote stating they will buy...

Okay, thanks. When was the vote passed? And why do you think the price should be higher? I guess there was selling pressure at $40, and that's why it went down to $33 perhaps?

Tor-Arne- Автор вопроса

I don’t think they have bought yet

Tor-Arne
Okay, thanks. When was the vote passed? And why d...

Um, well, 40m of buying pressure and the expectation of that, will/should put significant buying pressure on cvx.

Thomas Noe
I don’t think they have bought yet

Yes, exactly. I think they have to buy by eoy as well.

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