Quote from: Tahid12 on September 05, 2020, 12:21:45 PM

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13 Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

Is this thing still new to you? This doesnt only applied on DIA only but in most coins in the market where it is really bound to have some correction but people do talk about decreasing prices which they do believe

that this might be the end.Decreasing its price doesnt signify always that the project is turned out to be a shit.You can say so basing of on what it would do on next months to come.Its just recently added

and its purely normal for it to be hyped since its one of a kind into those DeFi thingy at the moment which you can really expect the interest around it. Projects potential and relevance will really be tested out by time
and if it do able to recover then you can say that this one does have a good support unless if its price would kiss to the floor.

Quote from: pawanjain on September 05, 2020, 02:56:06 PM

Rather than calling it as a downfall we can call it as a major correction in Dia's price. It was quite expected since the coin increased a lot in price in a short span of time. It's not only with Dia but any coin which increases in price too soon has to fall back a little in order to give an opportunity to other investors to join in. It has also happened with bitcoin when the price increased to $20k and then dumped to $3k.
Corrections are expected in crypto. There's nothing to worry about since the price will increase again in future.

Fallback in prices doesnt always mean an opportunity for investors or for you to get in because it can either both an opportunity or does signify the hype goes down and it is bound to die.

Only best projects will able to have some recovery after that but on general aspects then these kind of movements are just typical for a coin yet we cant just really expect that if the price
would shoot up then it will continue to peak and reach heights which this had been always a wrong perception to everyone.