HBD Falls 7% Today - WHY? - Bittrex HBD/BTC...

Hey All,

Glancing through the crypto markets and then looking at #HIVE and #HBD it came to my attention that #HBD lost its peg and currently is trading around $0.89 that is like more than 7% when compared to its price from Yesterday. Is this a good opportunity to grab #HBD? OR is it tied to some speculation going around. When looking at the internal market on Hive HUb, I don't see the price of #HBD fall that much and neither do the orders reflect that and the same can be reflected here on the following snapshot taken from Hive hub market.

Digging a bit more and then check on coingecko for #HBD, I noticed the following and looks like on Bittrex exchange the HBD/BTC pair shows #HBD trading at a discounted price from its pegged value. But when looking at the volume its just less $1k dollars not much #HBD has been traded.

Unfortunately, I don't have an account on Bittrex to see if we are getting #HBD at this price or not. I would recommend that if you own an account on Bitrrex and can get #HBD at this price then grab as many as you can as #HBD will definitely regain its value to one dollar in no time. I hope this is a glitch and we should get out of this preety soon and if not then this is definitely a good time to grab as much #HBD as you can... cheers

Have Your Say on #HBD

Did you notice #HBD lose it peg value? Did you grab some #HBD? Swap HIVE for HBD? Let me know your views in the comment box below...

#hbd #hive #defi #blockchain #decentralization #bittrex #peg

Best Regards

ImageCourtesy: leofinance, peakd, procanva, coingecko

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheers