Depeg
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🚨 FDUSD lost its peg to the dollar — but First Digital stood strong! 💵🔥
After accusations from Justin Sun of bankruptcy, FDUSD fell to $0.87 on April 2. Sun claimed that the company transferred $456 million of clients' funds to Dubai without permission 😳
But First Digital stated: everything is fine!
💸 $26 million of FDUSD has already been repurchased
🧾 Each token remains backed
💬 "Our stablecoin is reliable and stable"
📉 Stablecoins are the foundation of DeFi and liquidity. Their "de-pegging" is considered more dangerous than a drop in BTC, experts say.
What do you think, who is telling the truth? 👇
#FDUSD #Stablecoin #CryptoNews #Depeg #JustinSun
After accusations from Justin Sun of bankruptcy, FDUSD fell to $0.87 on April 2. Sun claimed that the company transferred $456 million of clients' funds to Dubai without permission 😳
But First Digital stated: everything is fine!
💸 $26 million of FDUSD has already been repurchased
🧾 Each token remains backed
💬 "Our stablecoin is reliable and stable"
📉 Stablecoins are the foundation of DeFi and liquidity. Their "de-pegging" is considered more dangerous than a drop in BTC, experts say.
What do you think, who is telling the truth? 👇
#FDUSD #Stablecoin #CryptoNews #Depeg #JustinSun
🚨 FDUSD STABLECOIN DEPEGGED! 🩸🔥
💰 FDUSD/USDT dropped to $0.8726, breaking below its usual $1.00 peg and currently struggling at $0.9665 (-3.20%).
🔍 What’s Happening?
🔴 Major volatility has hit FDUSD, likely due to market liquidity issues or a sudden sell-off event.
🔴 Stablecoins are designed to hold 1:1 value with USD, but depegging can create panic and arbitrage opportunities.
🔴 24H High: $0.9984 ✅
🔴 24H Low: $0.8726 ❌
⚠️ What to Expect Next?
⚡ Re-Pegging Possibility: If liquidity is restored and confidence returns, FDUSD may stabilize back to $1.00.
⚡ Further Drop? If selling pressure continues, FDUSD could drop further, affecting market stability.
⚡ Arbitrage Traders Incoming! Many traders may buy cheap FDUSD and hope for a return to $1.00 for quick profits.
🛑 Should You Be Worried?
✅ If FDUSD recovers, it's a normal temporary depeg like other stablecoins have faced before.
❌ If the peg remains unstable, it may indicate deeper liquidity issues—stay cautious!
💬 What are your thoughts on this depeg? Will FDUSD recover? Drop your opinions below! 👇🚨
#FDUSD #Stablecoin #Binance #Depeg #Crypto
💰 FDUSD/USDT dropped to $0.8726, breaking below its usual $1.00 peg and currently struggling at $0.9665 (-3.20%).
🔍 What’s Happening?
🔴 Major volatility has hit FDUSD, likely due to market liquidity issues or a sudden sell-off event.
🔴 Stablecoins are designed to hold 1:1 value with USD, but depegging can create panic and arbitrage opportunities.
🔴 24H High: $0.9984 ✅
🔴 24H Low: $0.8726 ❌
⚠️ What to Expect Next?
⚡ Re-Pegging Possibility: If liquidity is restored and confidence returns, FDUSD may stabilize back to $1.00.
⚡ Further Drop? If selling pressure continues, FDUSD could drop further, affecting market stability.
⚡ Arbitrage Traders Incoming! Many traders may buy cheap FDUSD and hope for a return to $1.00 for quick profits.
🛑 Should You Be Worried?
✅ If FDUSD recovers, it's a normal temporary depeg like other stablecoins have faced before.
❌ If the peg remains unstable, it may indicate deeper liquidity issues—stay cautious!
💬 What are your thoughts on this depeg? Will FDUSD recover? Drop your opinions below! 👇🚨
#FDUSD #Stablecoin #Binance #Depeg #Crypto
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