Cryptocurrency News

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations

04/04/2022

Less than a minute

2022.04.04 19:41

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations

Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become “insolvent” in the future.

USDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date high of $960.25 million.

Budrigantrade.com

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04/04/2022

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