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

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Neutrino Dollar falls to $0.82 in the wake of WAVES price manipulation accusations

Waves-backed Neutrino protocol issued Neutrino Dollar USDN, a stablecoin that lost its U.S.-dollar-peg on April 4. This led to speculations about whether it would become insolvent.

USDN plunged to $0.822 at 4 April, with USDN’s market capitalization dropping to $824.25 Million. This is 14% lower than its previous year high of $960.25 millions.

The last 24 hours have seen a significant change in Neutrino dollar’s price. Source: CoinMarketCap
Chart of daily prices Source: TradingView