$USUAL so what happened? and what is currently happening.
why the decline?
- its due to inflation from usd0 rewards that is being sold daily.
- its due to shorts sells that are delta neutral payed by staking rewards. loan --> sell --> buy back loan cheap
- oversupply of tokens and basic economics
- no buying demand / institutional demand
- flawed tokenomics and only currently have 1 product that create revenue
in summary with no buying demand and overvalued token valuation price may go to 0.04