We are in the consolidation area, I researched this project for over a month and I truly believe this project has a lot of potentials, so I expect a huge breakout to the upside, this year.
Note
Feb 13:Alpha Homora exploited for $37.5M
Leverage liquidity protocol Alpha Homora was the victim of a $37.5M exploit on Saturday.
The exploit involved the use of CREAM Finance's Iron Bank service, which gives out uncollateralized loans to trusted smart contracts. In Saturday's hack, an exploiter coded a contract that tricked Alpha Homora into believing it is their own contract. The exploiter then used this privileged access to trick CREAM Finance into lending out $37.5M worth of ETH and stablecoins.
Note
This event caused a dump in the price, I don't know how their team gonna handle the issue.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.