cryptonews
2022-04-05 08:55:00

Neutrino USD Loses Peg as WAVES Dives, But Developer Claims It Will be 'Absolutely Fine Very Soon'

Neutrino USD (USDN), the flagship stablecoin of the Waves network, lost its peg to the US dollar following the allegations that the project’s founders had been artificially pumping WAVES, the project's native token. Waves, which was trading around USD 31 on March 28, nearly doubled its value in a matter of days to surpass the USD 60 mark by March 31. However, the coin started plunging earlier this month as some users claimed the team had artificially impacted prices....Read More: Neutrino USD Loses Peg as WAVES Dives, But Developer Claims It Will be 'Absolutely Fine Very Soon'

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