😂 Someone smashed $USD1 , and someone received the goods. Before the FUD, remember to verify the source first!
Someone said Eric @EricTrump deleted a tweet, but when I looked, he didn't delete it. Then someone said ZachXBT would expose the insider, but when I checked, it seems he didn't mention $WLFI ?
First of all, $USD1 is BitGo custody, completely compliant, 100% collateralized stablecoin, fundamentally different from algorithmic stablecoins, so there's no need to worry about being unable to peg back.
It's just that a huge whale dumped 26 million USD of USD1 in a short time, causing a temporary de-peg.
Looking at the on-chain data, the top 25 wallets actually followed up by buying the dip at 22M, and I saw @Vida_BWE also bought the dip.
WLFI Hail Lake Manor just finished a meeting, and so many participants in the "zhuang" haven't made any moves. Don't scare yourself; just buy the dip and that's it. 😂
Someone said Eric @EricTrump deleted a tweet, but when I looked, he didn't delete it. Then someone said ZachXBT would expose the insider, but when I checked, it seems he didn't mention $WLFI ?
First of all, $USD1 is BitGo custody, completely compliant, 100% collateralized stablecoin, fundamentally different from algorithmic stablecoins, so there's no need to worry about being unable to peg back.
It's just that a huge whale dumped 26 million USD of USD1 in a short time, causing a temporary de-peg.
Looking at the on-chain data, the top 25 wallets actually followed up by buying the dip at 22M, and I saw @Vida_BWE also bought the dip.
WLFI Hail Lake Manor just finished a meeting, and so many participants in the "zhuang" haven't made any moves. Don't scare yourself; just buy the dip and that's it. 😂