Tron is dying? New Luna?😱😱😱
Tron dropped 18% and looks like it only accelerates.
It may be connected to problems with it's stablecoin - USDD. At the picture you can see that reserves cover only 90% of supply.
How death spiral may look like?
As people start to sell USDD, USDD will have to sell TRX to keep itself stable, TRX drops in price, reserves become even smaller and so on.
I advise you to be careful with TRX for now and keep your savings in other stablecoins if possible. A lot of people believed LUNA wouldn't fail because it's such a big project but it still happened.
It may be connected to problems with it's stablecoin - USDD. At the picture you can see that reserves cover only 90% of supply.
How death spiral may look like?
As people start to sell USDD, USDD will have to sell TRX to keep itself stable, TRX drops in price, reserves become even smaller and so on.
I advise you to be careful with TRX for now and keep your savings in other stablecoins if possible. A lot of people believed LUNA wouldn't fail because it's such a big project but it still happened.
👑if you want to join a private community to follow my trades, explore trading plans and chat with real traders 👉 bit.ly/AdminKeps
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。