sell

Tokens Depegged After Multichain Drama — Exit or Reduce Exposure

I think these tokens have effectively depegged after the Multichain drama, and passive holding is likely to cause further losses.

I'm inclined to exit or reduce exposure quickly because on-chain liquidity and peg mechanisms look impaired and market confidence is broken.

Source available for registered users Sign Up Free

Analysis

The Multichain incident likely impaired liquidity and peg mechanisms, increasing tail risk and contagion across related tokens. With depeg confirmed, market participants may face rapid price declines ...

Recommendation

I recommend selling or materially reducing positions now and moving proceeds to stable assets until peg stability and bridge integrity are verifiable on-chain.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: