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TrueUSD stablecoin depegs as holders dump 330M in TUSD
Published: 2024-01-16
1. TUSD Stablecoin Depeg: The main topic of this article is the depegging of the TrueUSD (TUSD) stablecoin. The article explains that the TrueUSD stablecoin,which is pegged to the value of the US dollar,experienced a depegging event. This means that the stablecoin is no longer maintaining a one-to-one ratio with the US dollar. The article explores the reasons behind this depegging event and the potential implications for users and investors.
2. Justin Sun's Involvement: The article discusses Justin Sun's involvement in the depegging of the TrueUSD stablecoin. Justin Sun,the founder of TRON,is mentioned as one of the key players in the launch of the liquidity mining on Binance Launchpool for the TrueUSD coin. The article elaborates on the role that Sun played in facilitating this event and the potential impact of his involvement on the stability of the TUSD stablecoin.
3. Binance Launchpool: The article highlights the role of Binance Launchpool in the depegging of the TrueUSD stablecoin. Binance Launchpool is a platform that allows users to stake their crypto assets and earn rewards. The article explains how the launchpool played a significant role in the depegging event of TUSD by providing liquidity mining opportunities. This section of the article explores the mechanics of the launchpool and its impact on the TUSD stablecoin depegging. In summary,1. TUSD Stablecoin Depeg: The article discusses the depegging of the TrueUSD stablecoin and its implications.
2. Justin Sun's Involvement: The article focuses on Justin Sun's role in the launch of the liquidity mining on Binance Launchpool for the TrueUSD coin.
3. Binance Launchpool: The article highlights the role of Binance Launchpool in the depegging of the TrueUSD stablecoin.
Reference: cointelegraph.com
The most traded coin
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| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,094.60 | 1,564,405,340.60 |
| 2 | BTC |
65,209.44 | 1,466,472,893.38 |
| 3 | ETH |
3,198.51 | 664,014,271.62 |
| 4 | SOL |
155.31 | 359,730,290.09 |
| 5 | PEPE |
<0.01 | 332,165,888.87 |
| 6 | DOGE |
0.17 | 257,919,591.45 |
| 7 | WLD |
6.37 | 181,707,312.09 |
| 8 | WIF |
3.64 | 180,479,218.98 |
| 9 | ENA |
0.91 | 137,663,411.63 |
| 10 | NEAR |
7.48 | 125,884,421.91 |
| 11 | BOME |
0.01 | 125,046,553.30 |
| 12 | RNDR |
9.82 | 117,272,237.84 |
| 13 | XRP |
0.54 | 99,697,762.69 |
| 14 | ARKM |
2.60 | 89,293,674.43 |
| 15 | ETHFI |
4.23 | 86,082,178.00 |
| 16 | BONK |
<0.01 | 79,526,756.68 |
| 17 | AR |
38.82 | 77,845,673.98 |
| 18 | AVAX |
39.36 | 72,312,847.32 |
| 19 | SUI |
1.14 | 71,293,814.21 |
| 20 | FLOKI |
<0.01 | 65,599,231.41 |
| 21 | RUNE |
5.56 | 56,864,090.53 |
| 22 | HBAR |
0.12 | 49,742,542.34 |
| 23 | ORDI |
41.72 | 47,512,610.77 |
| 24 | USTC |
0.02 | 47,378,999.73 |
| 25 | FIL |
6.38 | 45,909,269.56 |
| 26 | GLM |
0.63 | 40,603,740.87 |
| 27 | FTM |
0.75 | 38,659,381.42 |
Coins with rapidly rising prices
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| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | WLD |
6.37 | +22.63 |
| 2 | USTC |
0.02 | +19.92 |
| 3 |  RSR |
<0.01 | +17.60 |
| 4 |  RLC |
3.09 | +16.82 |
| 5 |  ERN |
4.66 | +13.95 |
| 6 |  AI |
1.21 | +13.19 |
| 7 |  NMR |
28.66 | +12.79 |
| 8 | ENA |
0.91 | +12.55 |
| 9 | ARKM |
2.60 | +11.99 |
| 10 |  IQ |
0.01 | +11.27 |
| 11 |  CTXC |
0.37 | +11.14 |
| 12 |  YGG |
0.91 | +11.00 |
| 13 | BOME |
0.01 | +10.82 |
| 14 |  NFP |
0.51 | +10.77 |
| 15 |  AGIX |
1.01 | +10.65 |
| 16 |  OCEAN |
1.02 | +10.61 |
| 17 |  TRU |
0.12 | +10.53 |
| 18 |  PYTH |
0.58 | +10.28 |
| 19 |  GALA |
0.05 | +10.13 |
| 20 |  POND |
0.02 | +9.70 |
| 21 |  PHA |
0.21 | +9.53 |
| 22 | HBAR |
0.12 | +9.29 |
| 23 |  TAO |
481.20 | +9.09 |
| 24 |  IDEX |
0.07 | +8.61 |
| 25 |  COTI |
0.13 | +8.50 |
| 26 |  LUNC |
<0.01 | +8.50 |
| 27 |  LUNA |
0.64 | +8.35 |
| 28 |  BOND |
3.21 | +8.30 |
| 29 |  RAY |
1.78 | +8.19 |
| 30 |  TNSR |
0.94 | +8.14 |
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Barkin Speaks | Monday | 06-05-2024 | 17:50 |
| 2 | FOMC Member Williams Speaks | Monday | 06-05-2024 | 18:00 |
| 3 | Loan Officer Survey | Monday | 06-05-2024 | 19:03 |
| 4 | RCM/TIPP Economic Optimism | Tuesday | 07-05-2024 | 15:03 |
| 5 | Consumer Credit m/m | Tuesday | 07-05-2024 | 20:00 |
| 6 | Final Wholesale Inventories m/m | Wednesday | 08-05-2024 | 15:00 |
| 7 | Crude Oil Inventories | Wednesday | 08-05-2024 | 15:30 |
| 8 | FOMC Member Jefferson Speaks | Wednesday | 08-05-2024 | 16:00 |
| 9 | 10-y Bond Auction | Wednesday | 08-05-2024 | 18:01 |
| 10 | FOMC Member Cook Speaks | Wednesday | 08-05-2024 | 18:30 |
| 11 | Unemployment Claims | Thursday | 09-05-2024 | 13:30 |
| 12 | Mortgage Delinquencies | Thursday | 09-05-2024 | 15:00 |
| 13 | Natural Gas Storage | Thursday | 09-05-2024 | 15:30 |
| 14 | 30-y Bond Auction | Thursday | 09-05-2024 | 18:01 |
| 15 | FOMC Member Bowman Speaks | Friday | 10-05-2024 | 14:00 |
| 16 | Prelim UoM Consumer Sentiment | Friday | 10-05-2024 | 15:00 |
| 17 | Prelim UoM Inflation Expectations | Friday | 10-05-2024 | 15:00 |
| 18 | FOMC Member Barr Speaks | Friday | 10-05-2024 | 18:30 |
| 19 | Federal Budget Balance | Friday | 10-05-2024 | 19:00 |
