WAVES Gets Dragged Down By USDN, Despite Pumping Investor Distribution

There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down.

WAVES is the native token of the Waves blockchain. According to CoinMarketCap, the token is up by 0.23% or trading at $1.57 as of this writing.

There is very little improvement with its current figures.

Token up by 0.23% or trading at $1.57USDN extremely volatileCrypto down by 45% in the past couple of weeks

Waves blockchain confirmed the plunge of the Neutrino USD (USDN) stablecoin but insisted that the USDN, while built on top of the ecosystem, is completely detached from WAVES.

Nevertheless, as the value of USDN declined, it seems to be pulling WAVES further down as well.

(by Christian Encila)

Neutrino Index $0.04

+1.07%

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