Short
DEGO Price Dumped Hard – What Happened?
🚨 DEGO Price Dumped Hard – What Happened?
Dego Finance (
DEGO) dropped over 40% today and here’s why:
🔻 Big Token Dump:
A huge amount of DEGO tokens (worth over $250K) was sent to exchanges — this caused heavy selling pressure.
💥 Record Liquidations:
Over $650K in long positions got liquidated — highest ever for DEGO!
⚠️ USD1 Stablecoin FUD:
DEGO recently said they bought the new USD1 stablecoin. Some users think this might be a risky or scammy move, adding more fear.
📉 Technical Rejection:
Price hit $2.70, then faced strong resistance and dropped fast. Bearish market conditions made it worse.
Stay alert! This is a high-risk zone — wait for stable support if you’re planning to enter.
Dego Finance (
DEGO) dropped over 40% today and here’s why:🔻 Big Token Dump:
A huge amount of DEGO tokens (worth over $250K) was sent to exchanges — this caused heavy selling pressure.
💥 Record Liquidations:
Over $650K in long positions got liquidated — highest ever for DEGO!
⚠️ USD1 Stablecoin FUD:
DEGO recently said they bought the new USD1 stablecoin. Some users think this might be a risky or scammy move, adding more fear.
📉 Technical Rejection:
Price hit $2.70, then faced strong resistance and dropped fast. Bearish market conditions made it worse.
Stay alert! This is a high-risk zone — wait for stable support if you’re planning to enter.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.