❤️💛💚💙 Truth is stranger than fiction. UST Terra Luna, the Failed Algo Stablecoin from 2022, reached 7 cents back in Q4 of 2023. How did it reach 7 cents when it was unbacked? 🙏🏻 Belief. 🩹 If pDAI reached 7 cents, it would be 55x higher than today. pDAI reached 3.3 cents in Q4 2024, so maybe that 7 cent scenario is more than just imagination...
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