Post
Topic
Board Speculation (Altcoins)
Re: DAI and USDC depegged!
by
Mozzart
on 21/03/2023, 18:10:49 UTC
I think it was just a momentary panic caused by the bank, because everyone was panicking, then there was a mass sale, and when that happened, the price dropped quickly, but now the price has returned to normal, because it actually didn't really affect the usdc and also the incident happened on a weekend and at that time the bank was closed, and started to recover when it was Monday.
You're right.I also did not believe that there would be a strong collapse and of course, many began to get nervous but I believed in a better outcome.I hope that this will not happen again in the future,because the market has just begun to grow and I would not like there to be factors that could disrupt this.