I’m confused: I thought as the market cap of USDN

Question

I’m confused: I thought as the market cap of USDN

grew, the more waves got locked up increasing the price…but, in fact, the price of NSBT is skyrocketing…what am I missing?

#cryptocurrency #english #neutrino

0

11.04.2022

5 ответов

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Crypt Hop Автор вопроса

julia
Hi, Waves price is till high.

Yes, but it has reduced in price from all time high as USDN market cap is increasing….I’m sure it has something to do with the peg but I’m I don’t have enough financial knowledge to fully understand why WAVES price has decreased while NSBT price is increasing as USDN market cap keeps climbing???

0

11.04.2022

julia

Crypt Hop
Yes, but it has reduced in price from all time hig...

NSBT can be lower in price only if Waves falls deeply, and br<100%, then you buy it from the sc with the discount, most of NSBT are locked on the sc, so the offer is very limited,

0

11.04.2022

Crypt Hop Автор вопроса

Thank you - very helpful

0

11.04.2022

julia

Crypt Hop
Thank you - very helpful

You are always welcome.

0

11.04.2022