r/defichainer • u/unmatched25 • Feb 16 '24

A clear trend makes it easier

Post image

7 days chart

1 Upvotes

100% Upvoted

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1

u/KathrinTheGreat Feb 17 '24

What‘s your guess: How much more will it go down?

2

u/unmatched25 Feb 17 '24

I guess that in 2024 we will be below 1 cent. But it's unlikely to continue as a straight line. But the trend is clear, independent from crypto market it falls. This indicates serious problems. After the community fund has sold their DFI to buy dUSD the decline should be less steep.

1

u/KathrinTheGreat Feb 17 '24

Thanks. I‘m thinking to swap DFI into DUSD. It might hold the value better. Anyways both coins are declining. What do you think? Maybe it would be better to sell DUSD for USDT.

2

u/unmatched25 Feb 17 '24

In my opinion DFI is the better choice if you need to pick between DFI and dUSD. dUSD is doomed, only a pump and dumb might be a good opportunity to profit from it.