Yala's stablecoin YU plummeted by nearly 39%, with the most active trading pair seeing less than $12,000 in trading volume over 24 hours.

PANews reported on November 17th that, according to CoinMarketCap data, Bitcoin liquidity and the YU token of its native stablecoin project Yala have plummeted in the past 24 hours, currently priced at approximately $0.3709, a 24-hour drop of 38.79%. The token has a market capitalization of approximately $33.3 million and a liquidity of only $1.4K.

In terms of trading volume, the total trading volume of YU in the past 24 hours was approximately $12.4K, of which about 90% came from the YU/USDC trading pair on Uniswap. The trading volume of this pool in the past 24 hours was approximately $11.5K, and the pool liquidity was only $977.6.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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