After an address withdrew 8 million STG tokens from the Gate, the STG price surged by over 40%.

PANews reported on June 10 that, according to on-chain analyst Ember, STG rose by more than 40% after an address withdrew 8 million STG (US$2.2 million) from Gate.

After STG was acquired by ZRO, it can only be exchanged for ZRO in one direction at a fixed ratio of 1 STG = 0.08634 ZRO. With ZRO priced at $0.84, the corresponding STG price should be around $0.07, while the current STG price is $0.36.

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Author: PA一线

This content is for market information only and is not investment advice.

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