Post
Topic
Board Speculation (Altcoins)
Re: Downfall of dia data (DeFi)
by
Oceat
on 11/09/2020, 15:17:58 UTC
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
The price drop don't mean that the project has gone fall. The defi project DIA has done well so far and they are planning how they can do better in future .The project is good enough so the price drop is nothing its usual behave of market .It can pass the ATH level within a second,
I hope you were right but lots of projects like this didn't last long since most of them is just a part of pump and dump. So far the price of DIA stays as if it was affected with the recent drop of Bitcoin but that was too soon to drop though. I smell something like this has happened before–I really hope you were right though, since my guts tells me something.