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Why Waves Plunged on Monday

TheMotleyFool

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Waves (CRYPTO: WAVES), one of the top-performing cryptocurrencies of the year, was getting crushed Monday after Neutrino USD (CRYPTO: USDN), the stablecoin in Waves' ecosystem, lost its peg to the dollar Monday morning.

As of 9:29 p.m. ET on Monday, the cryptocurrency was down 28.4% over the past 24 hours.

Source Fool.com

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