I’m looking at the new DYP price and it’s .016. According

to DYP website, they’ll give you 6 new DYP tokens for every 1 old DYP you have.

So pretend you have 1,000 old DYP on Coinbase currently valued at $200 at a .20 current old DYP price.

At some point, Coinbase will switch you to 6000 new DYP with a current market value of .016 and *poof*, just like that, your $200 turns into $96.

Is this accurate or am I missing something?

The swap ratio is fixed to 1:6 and it doesn't change with current market value, so if you don't want to wait for coinbase to support migration you can manually do it using the Dypius website

DYP v2 where can swap sir?

https://t.me/dypannouncements/1259

I appreciate the reply. Obviously market prices fluctuate all the time. But, hypothetically in my above scenario, if I were to switch that amount right now (1,000 old DYP to 6,000 new DYP) my DYP value measured in USD would go from $200 to $96, correct?

yes this measurement is correct.

Thanks, not spreading FUD It’s just the market price difference currently. Of course, if old DYP drops to .10 but new DYP goes up to .04, then the migration works out well for you

there is so much going on in market right now, team cannot control market, what they can and are doing is continuous developments and providing utilities, active bull or bear.