Asset manager: Activist investors may save Ethereum DeFi token Curve as token price hits all-time lows

Despite being a brilliant idea and widely used, the CRV governance token has been one of the worst-performing post-launch governance tokens seen by any major platform, with its price diving to fresh all-time lows today.

The relentless downturn that has pushed Curve's price to fresh lows hasn't come about due to the weakness in the aggregated market, nor any fundamental flaw with the Curve platform itself.

One fund manager is now noting that the strength underpinning the Curve platform could make CRV an ideal target for activist investors who want to change the economic flaws that have been forcing its price lower.

Curve token sees relentless downtrend; Hits fresh all-time lows.

Earlier today, the Curve token hit fresh all-time lows of $0.43, marking a massive descent from its post-listing highs of roughly $4.50.

The token economics of CRV essentially makes its price guaranteed to continue declining until a governance proposal shifts its supply and inflation schedule.

Here's why CRV may be an ideal investment for activist investors.

Kang later stated that the platform's potential utility down the road might make CRV an ideal investment for activist investors who can sway its governance in a way that shifts its token economics.

"Unfortunately, the supply schedule & heavy inflation of CRV makes it a short biased asset. The cost of inflation is greater than the value created for Curve. Fortunately, this makes Curve a great potential target for activist investors. Whose up for a change?".

Because the Curve platform does have wide utilization and holds much promise, activist investors who are vested in CRV's future could shift its immense downturn and improve its attractiveness as an investable asset.