Here is What You Need to know About The Recent Crypto Dip!
QUAI DAO is a global DeFi accelerator, we specialize in helping projects in the crypto, NFT, and DeFi space achieve their goals efficiently. So, we know a thing or two about the Crypto market.
If you’ve been following the news, the markets were in a somewhat of a dip recently, especially the crypto markets. Prior to the Tesla/Bitcoin fiasco, the markets were booming and users were happy that their portfolio is going to the moon. 🚀
To show you how bad the markets dipped:
Prior to Elon’s comments, Bitcoin/Ethereum Prices: Then Vs Now.
- Bitcoin was at $59,592 Vs $35,017 (-38.855)
- Ethereum was at $4,384.43 (All-time high) Vs $2,534 (-35.16%).
However, If we’ve learned anything from being an accelerator for projects, its that you need to turn your negatives into positives. It is true that the dip has affected your portfolio, but it actually proved itself to be beneficial for the crypto markets. We noticed a surge of new investors come in. According to Coinbase, 74.4% of all trading activities of Bitcoin where buying, as opposed to 69.9% for Ethereum.
What does this mean for QUAI DAO?
It is true that our token like almost every other token out there was affected by the dip. However, our token now stands at $0.278, enjoying a 5.67% in the last 24 hours.
What you MUST know, is that this is only the beginning for our token. We already hit an all-time high $0.60 on May 8, but that is in the past. We are currently working on new projects such as QUAI Invest, QUAI Interchange, and AskoLend. We are also working on a revolutionary NFT Platform, Media eYe NFTs.
These projects are aimed to increase the utility of the QUAI token, which could be your way out of the 9–5 lifestyle, you should invest in some $QUAI, because the train has not yet left the station, its waiting for YOU. The destination? Moon 🚀 🌕!