Post
Topic
Board Speculation (Altcoins)
Re: Downfall of dia data (DeFi)
by
Distinctin
on 24/09/2020, 22:58:57 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
Friend, don't get surprised because it happens almost all the time especially for useless projects that only it surges because they were lifted by the hypes. It pumps today and definitely, it dumps by tomorrow. It comes to the moment that not a few but many Defi projects turn back where they really are. But if this project has a working product and listed in the known exchanges with huge market volume it eventually gets back high again. I know Binance will help it out but of course, not an assurance because it still depends on the developers to attract more investors.