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RE: Why did Cent lose value?
Cent is still one of the few tokenized projects that I am very excited for on hive (along with $DUO).
I won’t go into detail here on why I am reducing (all) my investments right now (last blog post gives some insights what is going on in my life right now), but I can assure it has nothing to do with the cent project.
Solid team and good project. If my personal situation would turn out oke in a few months I hope to be able to re-enter the project again.
🙏
0E-8 BEE
Hello. I learned about your spouse's health condition when you first shared your post. I hope they recover soon.
Besides that, users can invest in any project they wish, and withdraw their investment whenever they want. Please don't feel uncomfortable. The reason for the price drop is mostly due to tokens like BEED, Leo, Pob, etc., which have liquidity pools with Cent. For example, the stablecoin BEED, which should currently be priced at $1, is currently at $0.8 :) The main reason I shared this was that most Cent investors use the project for trading, not for curation or staking, especially for switching between liquidity pools. Therefore, we wanted to inform users. In conclusion, please don't worry about it.