Regulatory Crushing: If the EU’s MiCA framework or US regulators pivot aggressively against "auditable privacy," Dusk’s core value proposition—private yet compliant RWA (Real World Asset) trading—could be outlawed, leading to mass delistings.
Institutional Rejection: The bridge to TradFi (Traditional Finance) is Dusk's lifeblood. If the partnership with NPEX or other exchanges fails to gain actual volume, the "Year of Asset Tokenization" could become a ghost town for DUSK.
Technical Failure: A major exploit in the DuskEVM or the Piecrust VM during high-value asset transfers would destroy institutional trust permanently.
Market Rotation: If the RWA narrative loses steam and capital flows back into high-speed Layer 1s (Solana) or AI-specific chains, mid-caps like Dusk often lose 90% of their value in a "risk-off" environment.
Bottom Line: A drop to $0.01 would represent a 94% crash from current levels. This usually only happens if a project loses its utility or suffers a catastrophic security breach.
