Post
Topic
Board Speculation (Altcoins)
Re: Downfall of dia data (DeFi)
by
Untomabur
on 14/10/2020, 22:41:11 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
things like that are common for a new token or coin, especially now is the Hype from Defi, of course the volatility of the Defi token is very high,
like the case of YFI or YFII, the increase had occurred at $ 41000 for 1 YFI and now only at the price of $ 14000,
This decline is of course very detrimental to investors, DIA is also like that, DIA is from the DEFI project and is very volatile,
so you have to be careful to invest in projects that are hype.