Downfall of dia data (DeFi)

[jacafbiz]

Point of correction, DIA did IDO not IEO. Almost all the DEFI projects lost more than 50% of their value during the last correction and is very wrong to pick DIA because as of today it price is still more than 2x for IDO investors which I think is a good thing. It is one of the DEFI project that I am very bullish on because the price has not really pumped unlike others

[1715310629]

1715310629

[1715310629]

1715310629

[Kunnu]

There is no need to worry too much as we can see the whole cryptocurrency market condition is not well that's why it's happening almost every altcoin is in dip we don't need be panic the market won't be in the same state hopefully whenever market will be in positive mode all quality altcoins will be back on track.

[sarmrakib]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

The price drop don't mean that the project has gone fall. The defi project DIA has done well so far and they are planning how they can do better in future .The project is good enough so the price drop is nothing its usual behave of market .It can pass the ATH level within a second,

[Oceat]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

The price drop don't mean that the project has gone fall. The defi project DIA has done well so far and they are planning how they can do better in future .The project is good enough so the price drop is nothing its usual behave of market .It can pass the ATH level within a second,

I hope you were right but lots of projects like this didn't last long since most of them is just a part of pump and dump. So far the price of DIA stays as if it was affected with the recent drop of Bitcoin but that was too soon to drop though. I smell something like this has happened before–I really hope you were right though, since my guts tells me something.

[seven.71]

nothing can survive if BTC goes to bear market we will see that in the next few days and it will touch the price of $ 9K and DEFI tokens will fall only a few can survive, DIA tokens are just starting and I predict it will fall and form ATL instead of ATH 

[sulendra12]

People should not judge something based on short time span, if the price falls down in just a day you shouldn't conclude everything based on how short you analyze stuff. Look at the chart today, most of the defi tokens are havng green sign and most of them are pumping, it is just a price correction I would say, the hype is not ended yet.

[Mahanton]

Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13  Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile

The price drop don't mean that the project has gone fall. The defi project DIA has done well so far and they are planning how they can do better in future .The project is good enough so the price drop is nothing its usual behave of market .It can pass the ATH level within a second,

I hope you were right but lots of projects like this didn't last long since most of them is just a part of pump and dump. So far the price of DIA stays as if it was affected with the recent drop of Bitcoin but that was too soon to drop though. I smell something like this has happened before–I really hope you were right though, since my guts tells me something.

We do really have that doubts since we have seen the market in the past when we do still facing off with that ICO project hypes where they do just simply
pump and dump which do leave out those investors in the air.We cant make any conclusions to a project if it would be on the floor since it would really
pass or do need to take the test of time neither it would sustain or not.For now we can presume out that its likely to go into the same path on where projects
do pump and then dump when the hype is gone.

[Wawa2013]

I was panicked enough to see DIA token price going down, even today DIA token fell again by -3.8%. Hopefully DIA token will rise soon,
however, I am still optimistic about DIA token potential. I will always be monitoring DIA token price movements. If you see other DeFi
projects that have started to rise, it shouldn't be long before DIA token will also increase its price again.

[TomArayaSlaya]

It will be the biggest surprise of the year if dia price continue to tank down I mean i have really high hope on this coin and is likely going to get higher I think the issue right now is with the oracle market not dia

[Harriti]

Most likely, such a dump of this project happened because in a few days they have to give out rewards for the bounty campaign. Perhaps this is an artificial price reduction

Don't blame the bounty hunters, take a closer look at the transaction volume and the number of tokens the project paid for the bounty hunters. The total pool paid by the bounty campaign is 100k DIA but the transaction volume in Binance is $ 1m5. Obviously we haven't included it at other exchanges, so it's all the bounty hunters' fault?
They have a lot of investors and the majority of them took profits by selling off tokens. It is normal to drop drastically after a period of growth. So don't blame anyone, it's the nature of the financial markets.

[Pamadar]

Most likely, such a dump of this project happened because in a few days they have to give out rewards for the bounty campaign. Perhaps this is an artificial price reduction

Don't blame the bounty hunters, take a closer look at the transaction volume and the number of tokens the project paid for the bounty hunters. The total pool paid by the bounty campaign is 100k DIA but the transaction volume in Binance is $ 1m5. Obviously we haven't included it at other exchanges, so it's all the bounty hunters' fault?
They have a lot of investors and the majority of them took profits by selling off tokens. It is normal to drop drastically after a period of growth. So don't blame anyone, it's the nature of the financial markets.

Agree to that or it could also possible that those bagholders just happened to ride with the hunters and sell out bagging decent profits most likely they'll going to reinvest after dip.

There's no one to be blamed as we are inside this business, you need to make a good balance both of your time and money, rise and fall will take place always have a good manageable plan.

Timing is always important 😉 be alert with how the market behaves.

[Reatim]

It will be the biggest surprise of the year if dia price continue to tank down I mean i have really high hope on this coin and is likely going to get higher I think the issue right now is with the oracle market not dia

From 0.8$ in Beginning of August Then tanking the market hitting 5$ in September 2 but what about now?Valuing at 2.17$ is quite Disappointing and alarming.
because investors seems like at the edge of withdrawing or Staying holding.

Defi projects are still In good level now but i don't know how long would this be and will stay for how long.

[CuriousGeorge]

It will be the biggest surprise of the year if dia price continue to tank down I mean i have really high hope on this coin and is likely going to get higher I think the issue right now is with the oracle market not dia

FYI if oracle was not getting any issue and you must know if the problem is the hype for dia has already gone. I think that you should try to learn more about how crypto market works today.

Early investors have been cashing out their money and then they will be moving to the new legit IEO after dia. that's how the crypto hype works today. Im not feeling any surprise to see the price of dia gets a huge pressure. This what we have called as the ico or ieo traders.

Oracle has nothing to do with the DIA trend.

[Arkann]

I believe that nothing unusual is happening, since all projects that were successful during ico, ieo and after listing, eventually fell in price to a certain level. This is how traders and investors earn from owning these coins. When a certain minimum is reached, those who sold will start buying again and the price will go up. In addition, I am sure that many will agree with me, that everyone had a huge temptation to make money by selling coins, which increased in price several times, and someone took advantage of this opportunity.

[superving]

It will be the biggest surprise of the year if dia price continue to tank down I mean i have really high hope on this coin and is likely going to get higher I think the issue right now is with the oracle market not dia

From 0.8$ in Beginning of August Then tanking the market hitting 5$ in September 2 but what about now?Valuing at 2.17$ is quite Disappointing and alarming.
because investors seems like at the edge of withdrawing or Staying holding.

Defi projects are still In good level now but i don't know how long would this be and will stay for how long.

I think its normal seeing some coins goes down too, bitcoin do that to them. Maybe if bitcoin will bounce back dia will also follow. Dia is a good project, holding dia will give you good profit when bitcoin recovers.

[masterrex]

I think it's not a downfall because if we compare the DIA price in their IDO days it's still high and currently traded at $1.45 up by 7 percent I think its a simple market correction and not yet a downfall, I believe that DIA price today is a good buying level because it was already corrected by the market so maybe the trend will be positive for DIA in the coming days.

[electronicash]

I think it's not a downfall because if we compare the DIA price in their IDO days it's still high and currently traded at $1.45 up by 7 percent I think its a simple market correction and not yet a downfall, I believe that DIA price today is a good buying level because it was already corrected by the market so maybe the trend will be positive for DIA in the coming days.

well its because they have distributed the bounty tokens said the users in the first page. i think its really what makes token dip as most of the time bounty hunters will cash out what they earn. if i was a holder i would also be selling the tokens too before the bounty hunters get their allocated tokens.

it will take weeks to months for its recovery but i think the project that is related to providing oracle like this DIA DATA will still have much room for its growth.

[dishku]

I think it's not a downfall because if we compare the DIA price in their IDO days it's still high and currently traded at $1.45 up by 7 percent I think its a simple market correction and not yet a downfall, I believe that DIA price today is a good buying level because it was already corrected by the market so maybe the trend will be positive for DIA in the coming days.

well its because they have distributed the bounty tokens said the users in the first page. i think its really what makes token dip as most of the time bounty hunters will cash out what they earn. if i was a holder i would also be selling the tokens too before the bounty hunters get their allocated tokens.

it will take weeks to months for its recovery but i think the project that is related to providing oracle like this DIA DATA will still have much room for its growth.

Maybe you are right bounty distribution could be cause of recent drop but from my point of view the whole market sentiments are in favor of altcoins although it showed a wonderful growth in past and now it is a healthy correction happening. This is nice opportunity to grab more on every dip I believe it will get recover soon.

[Mulann2]

Bounty distribution? What the f**k are you guys talking about, bounty will not be distributed till 2nd of October and some members above are blaming the fall on Dia price on bounty!  Hunters are really their own worst enemy  

[samcrypto]

Bounty distribution? What the f**k are you guys talking about, bounty will not be distributed till 2nd of October and some members above are blaming the fall on Dia price on bounty!  Hunters are really their own worst enemy 

The delay resulted to a panic and maybe investors also know this one but since the downtrend begin right before the deadline of distribution, we can conclude that this is not the sole basis of the dump and maybe DIA is just following the trend of the market. $1.30 is the current price as of posting and upon reviewing the project, there’s a potential for this token so let’s see if the price will recover or not.