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Dollar Neutrino breaks peg, drops to $0.82 amid WAVES accusations of price ‘manipulation’ by Cointelegraph



Dollar Neutrino breaks peg, drops to $0.82 amid alleged ‘manipulation’ of WAVES price

Neutrino Dollar (USDN), a stablecoin issued via the Waves-backed Neutrino protocol, lost its rate to the US dollar on April 4 amid speculations that it could “default” in the future. future.

USDN dropped to as low as $0.822 on April 4 with its market capitalization also falling to $824.25 million, down 14% from its year-to-date high of $960.25 million. la.

Neutrino Dollar price performance over the last 24 hours. Source: CoinMarketCap
Daily price chart. Source: TradingView