CETUS Roars Back: 20% Surge Amid $162M Vote!

From Exploit to Recovery: CETUS's Wild Ride

Hang onto your hats, crypto fans! CETUS is clawing its way back from the brink with a 20% price surge in the last 24 hours, now hitting $0.15. The token's been on a rollercoaster since that brutal May 22 exploit that sent it crashing 30% in a day, from a high of $0.25 to a low of $0.14. The fallout didn't stop there, with CETUS bottoming out at $0.12—a gut-wrenching 52% drop from its peak.

But wait, there's a comeback story brewing! Since May 26, CETUS has been picking itself up, soaring to $0.17 before settling back to its current level. The market's buzzing, trying to figure out if this is just a breather or the start of a real recovery.

Can CETUS break the $0.17 barrier with some serious mojo? If so, watch out for $0.19 next—that's where the token was hanging out before its wild May 22 ride. Bust through there, and $0.23's in sight, a spot where CETUS hit the wall more than once last month.

CETUS's Master Plan: Unlocking $162M and Full Reimbursement

CETUS isn't just sitting pretty; they're fighting back with a recovery plan that's got everyone talking. The big move? A protocol upgrade that could thaw $162 million in frozen funds. If this passes, it's game on for full user refunds.

GREAT NEWS FROM $CETUS 📢

💰 Cetus is going all in with a promise to 100% reimburse hacked user funds—if their protocol upgrade gets the green light from the Sui community!

✅ Where's the cash coming from?
• Cetus's own treasure chest (cash + tokens)
• A hefty loan from the Sui Foundation

🗳️ The vote's coming up—stay tuned!

Get this: if the vote swings their way, CETUS is set to make users whole again, mixing those unfrozen funds with a loan from the Sui Foundation and their own reserves. And get this—the Sui Foundation's loan covers the chunk of the $223 million exploit that got away before the wallets were frozen. Users are getting compensated no matter what, but it's full steam ahead for total reimbursement if the vote's a yes.

Right now, over 32% of the votes are in, and they're leaning yes—just 18.5% more needed to seal the deal. The buzz around CETUS is cautiously optimistic, with some die-hards betting on a return to $0.25, where it was before the hack. But to get there, it's gotta break through $0.19 and $0.23—two tough nuts to crack.

IMO, this is a no-brainer.

Most of the Sui Network validators have already thrown their support behind it—every single one who's voted so far.

The rest haven't chimed in yet, but they will—and they'll say yes too. It's in their best interest. $CETUS is on the brink of something big!