Suspected April Fool's joke, Liquity claims it has been acquired by Circle, causing the price to rise over 10%

Liquity's official account posted on social media that the stablecoin giant Circle has acquired Liquity. It stated that this acquisition will enable Circle to provide users with non-freezable stablecoins and directly allocate profits according to the Clear Act.

Although this content highly resembles an April Fool's joke, it still caused the price of LQTY to surge over 11%, currently quoted at $0.295. The official account has not provided further clarification at this time.

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