Crypto Market Crash. Is it a Threat to DMD Diamond Coins. Happenings in the crypto spaces are just unprecedented.
15 Jun 2022, 07:16
đź—Ł Crypto Market Crash! Is it a Threat to DMD Diamond Coins?
Happenings in the crypto spaces are just unprecedented. Losses have been major in the biggest cryptocurrencies like Bitcoin and Ethereum. Many are wondering if we are undergoing another Crypto winter - a prolonged duration defined by a sustained and universal drop in the price of cryptocurrencies causing a lack of enthusiasm for the industry.
Nobody has ever expected stable coins (like Tether, etc) pegged to conventional currencies like dollars to be affected by the crypto meltdowns. USDT was also once affected. Just like what Neil Wilson of Finalto said - “There is a definite whiff of panic in the crypto space right now amid the stablecoin collapse”.
Some weeks back, the collapse of Terra - the second-largest Defi ecosystem, was one of the most significant losses of wealth in modern history. Over $60 billion were lost in LUNA and UST - the 7th and 10th largest tokens by Market cap vanished within a matter of days.
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15 Jun 2022, 07:29
Many unprecedented scenarios are currently happening in the crypto industry. Can the crypto market crash poses a threat to DMD diamond coins as well?
Read 👇
Many unprecedented scenarios are currently happening in the crypto industry.
Many unprecedented scenarios are currently happening in the crypto industry. Can the crypto market crash poses a threat to DMD diamond coins as well?
Read 👇
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