USDN

The crypto whose price is pegged to the USD dollar has just crashed.

Its price usually fluctuates between 0.99$ and 1.01$ and somethimes makes some peak up or down.

This time its value has crashed below 0.70$ and not knowing what it's to come.

Can we profit?

it's not known if the price will return to its peg.

If you believe that it will then it's a perfect time to buy it in order to make 30% gain if you sell at 1$

If you believe that peg is lost probably this coin will not be worth anything since its goal was to be pegged to the dollar.

Then you can short it