$DEGO Falls Over 60% After USD1 Liquidity $MOVE
Dego Finance (DEGO) token has faced a major crash, dropping from $2.89 to $1.28 — a 60%+ decline — after announcing liquidity support for USD1, a stablecoin by World Liberty Financial.
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🧨 What Happened?
🟠 $USD1 Integration: DEGO supported USD1 on BNB Chain, which triggered community FUD (fear, uncertainty, doubt).
🐋 Whale Dumping: On-chain data shows whales transferring large amounts of DEGO to exchanges before the drop.
📉 Technical Breakdown: DEGO price broke below EMA support levels, confirming strong selling pressure.
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📊 Market Impact:
🔻 Current Price: $1.28
📉 24h Drop: -60%
🔬 MACD: Strong bearish signal
🛑 RSI & EMA: Still weak — no clear reversal yet
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🧠 InsidePro Analysis:
DEGO may stabilize near the $1.20 level if buying volume returns. However, this is a high-risk zone, and only experienced traders should consider entry. Wait for trend confirmation before acting.
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