@idiosyncratic1
more from that month
#DEI Depegged - Peg War is Real The depegged #stablecoins are unfortunately not tolerated by the holders. The moment people see a 5% drop in the price of stables, they sell off due to the fear of the #UST case. IMHO, stable coin problems are the most threatening ones in crypto as they are the safest assets (?) considering the over volatile #crypto ecosystem. I hope this FUD on stables will end up ASAP. Otherwise, there is no good day for crypto :I
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Man, I thought I misread it or it was a typo. That the stablecoin in this post was DAI and I honestly thought we're f.ckd 😂😂 if DAI depegs it won't be crypto winter, but ice age hahah