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How Tron [TRX] is managing to keep its boat afloat amid looming depegging fears
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We’re entering the fifth day of the Ton’s DAO crisis. While Justin Sun and his team have been trying to peg back USDD to $1, TRX itself has dropped by double digits during the course of the week despite some bullishness recently.The USDD de-pegged from the US dollar at the start of the week by around 0.3 cents.
This caused a lot of panic among investors fearing a Terra-like collapse. In the bleak market conditions, it was enough to wreak havoc on the entire digital asset market.
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