$DJED temporarily lost its peg to $1 and has been showing more volatility than it should, but there's nothing to worry about
. However, there is no need to panic or spread FUD, according to some notable community members.
The sudden drop in price has caused a stir in the crypto community, with some speculating that the stablecoin may have a critical issue. But it is important to remember that these types of fluctuations are not uncommon in the crypto market. The main reason behind the drop in price could be a lack of liquidity, which is a common problem for new assets.The DJED stablecoin operates on a collateral mechanism, which means it is backed by a reserve of assets.
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