This stablecoin depegged upwards for a brief moment. A 20% increase above a dollar. While it might look like a good thing, it's actually not. This scenario might motivate many holders to sell. When the sell pressure is too high, it could push the price down. Now that's a slippery slope from there because speculators/traders don't know when to stop. They'll keep buying and/or selling as long as it looks like an opportunity to make money.
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