$ORCA rises 50% as proposal to transition treasuries to the DAO passed

Gate.io News: The price of $ORCA, the native token of Orca, has increased by 50% in the last 24 hours. This is coming after the project community unanimously voted in support of the proposal to transfer the control of key treasuries, wallets valued around $150M, and smart contracts to the DAO.

$ORCA currently trades around $6.30 (ORCA/USDT), with a market capitalization of $639.64M, and 24-hour trading volume of $444.49K according to Gate.io trading chart.