Shocking Twist: CETUS Price Bounces Back Like a Bouncing Bunny! 🐰💰

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Oh, what a delightful day it is for our dear friend CETUS! The price is doing a little jig, recovering as if it just found a hidden stash of chocolate! 🍫 Investors are buzzing with optimism, all thanks to a thrilling on-chain vote that could unlock a whopping $162 million in frozen funds. Yes, you heard that right! It’s like finding a treasure chest in your attic! 🏴‍☠️

In the last 24 hours, our plucky CETUS (CETUS) has jumped a marvelous 20%, now trading at $0.15. It’s trying to bounce back from a rather unfortunate tumble on May 22, when it plummeted 30% in a single day—from a dizzying height of $0.25 to a lowly $0.14. Oh, the drama! 🎭 This was all due to a security breach that made off with about $223 million worth of assets. Talk about a bad day at the office! 😱

But fear not! Since May 26, CETUS has been showing signs of life, climbing back up to $0.17 before taking a little breather. It seems to be in a consolidation phase, digesting the impact of that nasty exploit like a cat with a hairball. 🐱

If CETUS can muster the strength to break through the local resistance at $0.17, the next hurdle is a cheeky little $0.19. This is where the fun begins! If it can leap over that, we might just see it frolic towards $0.23, a level where it faced a few rejections earlier in May. It’s like a game of hopscotch, but with money! 💸

Meanwhile, our friends at Cetus are working tirelessly to restore investor confidence with a grand recovery plan. At the heart of this plan is a protocol upgrade proposal that, if passed, would free up that tantalizing $162 million currently locked away by the Sui network validators. It’s like trying to open a jar of pickles—frustrating but oh-so-rewarding! 🥒

GREAT NEWS FROM $CETUS 📢

💰 Cetus promises to reimburse 100% of hacked user funds—if the protocol upgrade proposal passes the upcoming Sui community vote!

✅ Recovery funds:
• Cetus treasury (cash + tokens)
• A loan from @SuiFoundation

🗳️ Community vote is coming -…

— Sui Community💧 (@Community_Sui) May 28, 2025

If the vote passes, Cetus will be able to fully reimburse affected users by combining these recovered funds with a secured loan from the Sui Foundation and its own treasure trove. The Sui Foundation’s loan specifically covers the portion of the $223 million exploit that was whisked away before the validators could freeze the hacker’s wallets. Compensation is on the way, but full reimbursement depends on the vote’s approval. Fingers crossed! 🤞

As of now, over 32% of the necessary votes have been cast in favor—just a smidge more, 18.5%, is needed to meet the approval threshold. Trader sentiment is cautiously optimistic, with some even dreaming that CETUS could reclaim the $0.25 level it once danced upon before the breach. But first, it must leap over two major resistance levels: $0.19 and $0.23. It’s like a high-stakes game of leapfrog! 🐸

IMO, this is a no-brainer.

The majority of validators from @SuiNetwork have already voted YES—literally all who voted so far.

The rest simply haven’t voted yet, but they will soon—and they’ll vote YES too. It’s clearly in their best interest. $CETUS is poised to print a…

— Professor Crypto (@notyourkeys_) May 28, 2025

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2025-05-28 10:55