No wonder it's the beloved child of NEAR, rising against the trend—

$RHEA surged to $0.08 today, with an intraday increase of over 33%.

To be honest, I was a bit surprised, after all, it just had its TGE on July 30, with only 200 million in circulation, and an FDV of less than $81M. Moreover, the main market is still fluctuating, so I didn't expect it to be targeted by funds so quickly.

The narrative is that it is the flagship DeFi after the NEAR merger and reconstruction, a fusion evolution of Ref + Burrow, integrating DEX + Lending;

Is anyone else paying attention to $RHEA? What do you think of its current valuation?

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