 | USDC depegged on Friday due to Fear, Uncertainty and Doubt (FUD) concerning circle and the USDC cash reserves it held in Silicon Valley Bank. USDC dropped to a low of $0.87 on some exchanges, brave investors confident in USDC and Circle bought the dip of a stable coin that had depegged hoping to gain and easy 13% profit. After Circle announced that it would cover any funds lost with corporate reserves the peg of USDC started going back up as more people bought. USDC is currently at $0.98 so you still have a chance to make a 2% in profit (not financial advice) ????Edit: It's now at $0.97 (again not financial advice) Edit-2: It's now at $0.9664 (abandon all hope) Edit-3: shit it fell to $0.956 (maybe this wasn't the best idea) Edit-4: Two consecutive candles at $0.954 (seems we found a new support level, all TA points towards an upward trajectory from here) [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments