Downfall of dia data (DeFi)

[stomachgrowls]

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

Is this thing still new to you? This doesnt only applied on DIA only but in most coins in the market where it is really bound to have some correction but people do talk about decreasing prices which they do believe

that this might be the end.Decreasing its price doesnt signify always that the project is turned out to be a shit.You can say so basing of on what it would do on next months to come.Its just recently added

and its purely normal for it to be hyped since its one of a kind into those DeFi thingy at the moment which you can really expect the interest around it. Projects potential and relevance will really be tested out by time
and if it do able to recover then you can say that this one does have a good support unless if its price would kiss to the floor.

Rather than calling it as a downfall we can call it as a major correction in Dia's price. It was quite expected since the coin increased a lot in price in a short span of time. It's not only with Dia but any coin which increases in price too soon has to fall back a little in order to give an opportunity to other investors to join in. It has also happened with bitcoin when the price increased to $20k and then dumped to $3k.
Corrections are expected in crypto. There's nothing to worry about since the price will increase again in future.

Fallback in prices doesnt always mean an opportunity for investors or for you to get in because it can either both an opportunity or does signify the hype goes down and it is bound to die.

Only best projects will able to have some recovery after that but on general aspects then these kind of movements are just typical for a coin yet we cant just really expect that if the price
would shoot up then it will continue to peak and reach heights which this had been always a wrong perception to everyone.

[1715332112]

1715332112

[1715332112]

1715332112

[1715332112]

1715332112

[1715332112]

1715332112

[goaldigger]

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.

I’m watching this token because of its good platform and I also believe that this is not because of the delay, the bounty is just a small portion of total supply, this is more because of the downtrend. After this big correction, I’m still bullish for this token and I also believe that it will create new peak before the year end, so try to research now and buy more of this token.

[rodskee]

well, now even DIA's price is below $ 1.5. however, looking at the current situation, not only was DIA affected by the dump, but most of the altcoins also experienced a decline. however, we do not know how much the price can reach when it recovers. well, DIA is a good project, so I think the price will recover.

actually the main topic here are the Defi coins in which dumping now because they are those coins that make a very great move up.
and people are asking what happen and when did those investors came from .

Now i understand all the way,and that is a Pump and Dump strategy of whales,they are betting in some coins to make a pump.
then when there are fool investors that bite the bait?then sorry for them.

[WalkerIVIV]

not only was DIA affected by the dump, but most of the altcoins also experienced a decline. however, we do not know how much the price can reach when it recovers. well, DIA is a good project, so I think the price will recover.

It's not so easy as you said even this time the bounty is not yet distributed and imagine what will be happening when the first batch will be distributed to the hunters and then some people will be dumping their coins.

The recovery needs a huge pump from the whales. More and more coins are always coming everyday.
It's quite difficult for DIA to recover its price again. the distribution of bounty has already delayed for the next 2 weeks.

[whyrqa]

well, now even DIA's price is below $ 1.5. however, looking at the current situation, not only was DIA affected by the dump, but most of the altcoins also experienced a decline. however, we do not know how much the price can reach when it recovers. well, DIA is a good project, so I think the price will recover.

actually the main topic here are the Defi coins in which dumping now because they are those coins that make a very great move up.
and people are asking what happen and when did those investors came from .

Now i understand all the way,and that is a Pump and Dump strategy of whales,they are betting in some coins to make a pump.
then when there are fool investors that bite the bait?then sorry for them.

I am sure that most of the investors in DeFi projects are people who pursued the main goal, which consists of making high profits by buying a coin with high volatility, whose price soars very quickly in a short time. Therefore, at this period, we have come to the time when, upon reaching a certain maximum in price, people begin to sell their coins, making a lot of money on it. This is why we are seeing a significant drop in DeFi projects today.

[koang]

it's not so easy as you said even this time the bounty is not yet distributed and imagine what will be happening when the first batch will be distributed to the hunters and then some people will be dumping their coins.

The recovery needs a huge pump from the whales. More and more coins are always coming everyday.
It's quite difficult for DIA to recover its price again. the distribution of bounty has already delayed for the next 2 weeks.

Don't conclude yet because you do'nt now what gonna happen in the near future

Look at the fundamentals of dia. They are solid. Now you can do only two things: sell with big looses or wait up.
Those who have some money will have a big chances to buy on big dump then. Only whales know where they will go with their assets.
It's not the first dump, bear market I see, so the only thing to do is holding your Token

[Febo]

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

It is $1.35 now. So I guess lost even more value almost halved from the moment you wrote this post. I do hope you sold it. IF not then think if price is low now so you can buy more and lower your average buy price.

[Pamadar]

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

It is $1.35 now. So I guess lost even more value almost halved from the moment you wrote this post. I do hope you sold it. IF not then think if price is low now so you can buy more and lower your average buy price.

From that certain point,  you needed to assess if you are still looking for positive marks coming from this project or you needed to move forward and find other coins around, this certain dropped needs to reassess.
There's still chances that it may go for more or it will begin to regained the run and bring much better price. It's up to your judgement whether to buy for more or to quit and invest your money to other projects.

[Hippocrypto]

it's not so easy as you said even this time the bounty is not yet distributed and imagine what will be happening when the first batch will be distributed to the hunters and then some people will be dumping their coins.

The recovery needs a huge pump from the whales. More and more coins are always coming everyday.
It's quite difficult for DIA to recover its price again. the distribution of bounty has already delayed for the next 2 weeks.

Don't conclude yet because you do'nt now what gonna happen in the near future

Look at the fundamentals of dia. They are solid. Now you can do only two things: sell with big looses or wait up.
Those who have some money will have a big chances to buy on big dump then. Only whales know where they will go with their assets.
It's not the first dump, bear market I see, so the only thing to do is holding your Token

Every person had their personal opinions about dia mate, it doesn't matter to me at the first place. Now only this coins encountered massive fall, that's why holding for long terms was the last option. But, you need to know when is the right time for that limitations because you'll wake up one day that coins has zero value or be gone in every exchange. Speculations always matters with a consideration which every traders look forward in every steps in trading.

[ryzaadit]

Why so worry?

Everyone has the same information, right? used google and try a search for their information token sale. I taken the data from some website ico provider information "DIA" sale started at 0.5$, ATH price of DIA was 5$. So, as you can see the price already increase x10 did everyone still enter on this ROI? If yes then don't know what you are thinking. Even the price dump right now on 1.4$ they still got the profit ROI around x2.8 counted from the token sale price.

At least DIA not offering a stupid interest stacking with a thousand P.A, they only on 10-22% comparing to some shit project who offering 5000% or more than that. IMO DIA still better and not high risk.

[hahay]

Fast rise and fall too and that has happened in many DeFi projects so far and with that said, nothing can guarantee this project will be good in the future but just a hype that can't last. Perhaps, a small part of the existing DeFi projects has the potential to continue to grow over time and for the long term like LINK, but I'm not sure about other projects like DIA.

[Distinctin]

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

Friend, don't get surprised because it happens almost all the time especially for useless projects that only it surges because they were lifted by the hypes. It pumps today and definitely, it dumps by tomorrow. It comes to the moment that not a few but many Defi projects turn back where they really are. But if this project has a working product and listed in the known exchanges with huge market volume it eventually gets back high again. I know Binance will help it out but of course, not an assurance because it still depends on the developers to attract more investors.

[fourpiece]

Well not only dia suffers from going down but almost all the coins. As long as the team continue working and updating the community about the project i think once the market recovers dia will follow.

[carlisle1]

Well not only dia suffers from going down but almost all the coins. As long as the team continue working and updating the community about the project i think once the market recovers dia will follow.

Increasing 17% as i am typing this

https://coinmarketcap.com/currencies/dia/

DIA is on the move again to the top,But i think it can only touch 3$ again and will fell continuously .

Coins like this that is being Pumped and dumped by whales will not going any high for longer.

Fast rise and fall too and that has happened in many DeFi projects so far and with that said, nothing can guarantee this project will be good in the future but just a hype that can't last. Perhaps, a small part of the existing DeFi projects has the potential to continue to grow over time and for the long term like LINK, but I'm not sure about other projects like DIA.

Defi project will be like 2018 altcoin season,when currencies growing insignificantly but fell out again in the next couple of months.

So look for the movement of price for you to be safe in your investments.

[Krabby]

Almost all coins are going down, it is a market correction also do not forget the DIA has grown from 5 cents to $5 which is over 100x gains in short span of time now it is undergoing correction which is natural because nothing can continuously and constantly keep going up.

but it was unduly reduced by a potential project. Usually when the market corrects about 50% - 60%, there will be sharks pushing the price back up, which is a signal of a good defi coin. as for DIA, it fell with no bottom and had no support from institutional investors.
This is a worrying sign, not normal. If you have a hold then think again, their community is falling apart.

[cassavachips]

I think it's natural, when a new project is listed on the exchange there is a possibility that the price will go up or go down immediately. I see DIA projects continue to pick up and get listed on many exchanges and that's great for a new project with the current hype. Of course, it is possible that tokens from the presale or bounty campaign have not been distributed if they hold a bounty campaign.

[bitkanu]

Well not only dia suffers from going down but almost all the coins. As long as the team continue working and updating the community about the project i think once the market recovers dia will follow.

Dude, buballex has already made a confirmation if dia bounty will be distributed in the next days and there was no good update from the developers to increase the liquidity. The market has already recovered in the last days but nothing happens with dia.
To encourage people to buy dia again is not so easy as you said that.
The bounty will give a huge pressure to the market very soon. I believe we will have another chance to buy dia at the dipping price again.
Some coins are able doing recovery again. 

[fortebettor]

Well not only dia suffers from going down but almost all the coins. As long as the team continue working and updating the community about the project i think once the market recovers dia will follow.

Dude, buballex has already made a confirmation if dia bounty will be distributed in the next days and there was no good update from the developers to increase the liquidity. The market has already recovered in the last days but nothing happens with dia.
To encourage people to buy dia again is not so easy as you said that.
The bounty will give a huge pressure to the market very soon. I believe we will have another chance to buy dia at the dipping price again.
Some coins are able doing recovery again. 

I am sorry to say this, but some 99% are not coming back to this state. You can always dream

[Kunnu]

As we know that DIA is struggling because market condition is not good enough but It may get recovered whenever the market will be in bullish mode for now we just need to have patience, it happens all the time whenever a new coin/token came in the market.

[Dessy88]

Almost all the defi projects are suddenly on the rise and after a while the value of those tokens is dropping a lot. But the DIA project was different and I can say it was the best defi project this year from which investors ensured huge profits. The price of DIA are now much cheaper but the dev team is still trying to increase the value of their tokens. But we need support and patience because their development activities are clear.