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Nostradonkey💩
@DonkeyInvestor
2Année·

$USDT (+0,18 %) loses the dollar peg

⚠️ Update: after plunging as low as $0.95, things seem to be returning to some normalcy. Or just the calm before the storm?


After the crypto faction has certainly witnessed the drama around $UST (-2,97 %) in the last few days, Tether has now been trading below a dollar for a few hours. The dimensions are by far not as huge as with UST, but it started similarly with UST - and currently you can watch the gap grow.


Unlike UST, USDT is not algorithmic. For every USDT there is a real dollar deposited. The only stupid thing is that exactly this is doubted again and again. At the same time, USDT is the most important stablecoin in the crypto environment. If USDT continues to crash, what we have seen in the crypto environment in recent days was just a small dent.


I for one have swapped all stablecoins into euros and only keep UST for gambling. And don't forget, with the Donkey you heard it first 🥕

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33 Commentaires
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Zoro@RoronoaZoro
2Année
Thank you @DonkeyInvestor for always being the first to inform us about such things, best donkey this side of the Bosporus 💪
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Moritz@leveragegrinding
2Année
Le commentaire a été supprimé
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Nostradonkey💩@DonkeyInvestor
2Année
@leveragegrinding I think you need to read properly first 😜
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Moritz@leveragegrinding
2Année
@DonkeyInvestor ja true, my bad
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Doomer@Doomer
2Année
Go away...😭
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Doomer@Doomer
2Année
@Doomer USDT to be on the safe side. Now you've scared me...
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Nostradonkey💩@DonkeyInvestor
2Année
@Doomer can be anything and nothing. I also had an exchange in USDT. No desire to lose the USDT swap in addition to the UST swap
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Nostradonkey💩@DonkeyInvestor
2Année
@Doomer but seems to be recovering again
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Doomer@Doomer
2Année
@DonkeyInvestor What have you done with your UST?
Deducted it or are you hoping that it will (stably)lize?
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Nostradonkey💩@DonkeyInvestor
2Année
@Doomer I am constantly doing something and trying to increase them through market fluctuations
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Doomer@Doomer
2Année
@DonkeyInvestor I tried that too. I think it was the most exciting 4 hours of my life 😅
But I got out on the plus side...
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Nostradonkey💩@DonkeyInvestor
2Année
@Doomer yo, I'm always really tense too 😅. It's going well so far, but it's not enough to pay off the Tausi that I originally had in UST. I'll keep going for that long
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Doomer@Doomer
2Année
@DonkeyInvestor I'll keep my fingers crossed for you.
Was in from 0.5 cents, first down to 0.3 and then exited at 0.6 ... boy, boy
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Nostradonkey💩@DonkeyInvestor
2Année
@Doomer I basically buy and sell all the time. 22 orders since yesterday 😅
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Doomer@Doomer
2Année
@DonkeyInvestor Heart attack incoming. Don't overdo it...
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thommy@Moneten
2Année
So who still has Krpyto on the Exchanges should get a hardware wallet very quickly. When USDT bursts there is a real celebration :D
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Zoro@RoronoaZoro
2Année
@Moneten At this point I then also briefly greet the boys & girls at Coinbase for their stable performance 😂
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MCS_02@mcs
2Année
The depeg is still within the range so far, there have been more than 5% before
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Moritz@leveragegrinding
2Année
@mcs are at 50 cents
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Nostradonkey💩@DonkeyInvestor
2Année
@leveragegrinding it's about $USDT and not about $UST
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Moritz@leveragegrinding
2Année
@DonkeyInvestor aahhhhh then I'm lost
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MCS_02@mcs
2Année
@leveragegrinding 98 cents at USDT. Tether is a scam and I would be really happy if they go bust, but I don't really believe it yet.
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Salim@Speedflash
2Année
Let's see what happens around 3 pm.
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Nostradonkey💩@DonkeyInvestor
2Année
@Speedflash Why at 3 pm?
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Salim@Speedflash
2Année
@DonkeyInvestor It's morning for the Americans and they always cope so well with panic on the market 😂
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Nostradonkey💩@DonkeyInvestor
2Année
@Speedflash take a more relaxed view of crypto. There are no opening hours and not everyone wakes up at the same time due to the time difference
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Salim@Speedflash
2Année
@DonkeyInvestor Yes, that's true, but there are still often large fluctuations between 15 and 15:30. It's also possible that nothing happens. Anything is possible in the crypto world
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Moritz@leveragegrinding
2Année
Now at 50 cent
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Nostradonkey💩@DonkeyInvestor
2Année
@leveragegrinding nope. Tether not Terra
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Ferto@feribum
2Année
Team WallStreetBets is just trying everything... people are shortening like mad just all possible stablecoins
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Nostradonkey💩@DonkeyInvestor
2Année
@feribum seems like the remaining stablecoins are stable
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Ferto@feribum
2Année
@DonkeyInvestor yes, because the focus is now on Tether and the pressure is built up that Tether discloses the reserves completely. 🤷🏽‍♂️ There is a lot of speculation and gossip whether WallstreetBets or large institutions are trying to profit here 😃
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Nostradonkey💩@DonkeyInvestor
2Année
@feribum Link? Tether seems quite stable to me. But you are right
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