Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations By Cointelegraph

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations

Neutrino Dollar (USDN), a stablecoin issued by Waves-backed Neutrino protocol, misplaced its U.S. dollar-peg on April 4 amid speculations that it might change into “bancrupt” sooner or later.

USDN dropped to as little as $0.822 on April 4 with its market capitalization additionally diving to $824.25 million, down 14% from its year-to-date excessive of $960.25 million.

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Neutrino Dollar price efficiency within the final 24 hours. Supply: CoinMarketCap
day by day price chart. Supply: TradingView

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