There is a relatively obscure over-collateralized stablecoin project on the Sei chain called SyUSD, which has now dropped to $0.85. However, based on fundamentals, it is expected to rebound above $0.98 within a month. This project is very niche, with hardly any members in the TG community—only a few hundred active users.
I first got involved last summer when I participated in the Sei chain airdrop. At that time, the project's liquidity mining yields were extremely high, with annualized mining returns of 50% to 100% being quite common. Decoupling of stablecoins is quite common among small-cap tokens. Once awareness spreads or liquidity improves, these overlooked projects often quickly recover their prices. Currently, this price point might be an opportunity for many to get in. Of course, such niche projects carry higher risks, so do your homework before investing.
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AirdropworkerZhang
· 01-11 13:36
A project with only a few hundred people dares to call it an opportunity? Isn't this just gambling on liquidity?
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0.85 price is indeed tempting, but small coin decoupling and recovery won't be that quick.
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You should have jumped in when you were farming airdrops last year. Now it feels a bit late to enter.
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I've never even heard of the name SyUSD, can't even find it in a search.
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Rapid recovery of stablecoin decoupling? I think you're being too optimistic, brother.
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High risk + few people + unknown, I advise you to think twice about this combination.
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Expected rebound in a month? Based on what? It feels too subjective.
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50%-100% annualized mining... back then, the gains were indeed sweet. Does such a thing still exist now?
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Doing homework is correct, but there's nowhere to do homework on projects like SyUSD.
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Rebound from 0.85 to 0.98? About 13%. For small coins, a 20%-30% gain is quite common.
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Obscure projects are a double-edged sword; quick rebounds mean quick dumps.
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OnchainHolmes
· 01-11 10:59
A stablecoin worth 0.85 yuan, what would it take to decouple... But speaking of small-cap projects, such rebounds are indeed quick.
Having only a hundred active users is already outrageous; how obscure must it be for no one to chat on TG?
Wait, can liquidity really bounce back this quickly? Or are we about to bet on another wave of cognitive diffusion?
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StablecoinSkeptic
· 01-10 09:45
0.85 coins, and you dare to call it an opportunity? I think it's more like a trap. How many times has the small-cap stablecoin decoupled without bouncing back?
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NotFinancialAdvice
· 01-10 04:49
The decoupling coin rebound trick I've seen several times before, the key is to see when liquidity picks up.
The SyUSD project is indeed so cold that no one is asking about it, but it might be an opportunity... The price of 0.85 is quite interesting.
Small-cap risks are really high, but projects that are wrongly killed often rebound violently.
The mining profits last summer were truly outrageous, but now it's impossible to go back to that time.
A community of a hundred people actually indicates a lack of awareness; once it spreads, there might be a chance.
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LiquidityWitch
· 01-08 14:52
A community of about a hundred people, this is just ridiculous haha, really no one is paying attention
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SleepTrader
· 01-08 14:48
0.85 dare to pick up? I think it's risky; small-cap coins often have no bottom when decoupling
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ContractTearjerker
· 01-08 14:47
A TG community with only a few hundred members still dares to join? How much liquidity are they lacking?
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NFTDreamer
· 01-08 14:40
A TG community with only a few hundred active users—how niche is that? It feels like digging up a grave.
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ApeShotFirst
· 01-08 14:32
No way, really? 0.85 is still a bargain. How come I haven't heard of this thing?
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CodeZeroBasis
· 01-08 14:29
A few hundred active users? That’s really cold, but the opportunity for a decoupling rebound is indeed easy to overlook.
Buy at 0.85, bet on liquidity recovery, feels like a good shot.
These kinds of projects are really risky, but they also have big opportunities. It depends on whether you can handle the volatility.
I’ve never even heard of SyUSD. Are you doing internal research or what?
I've seen several cases of small tokens decoupling and rebounding; sometimes they are truly misjudged.
However, Sei’s chain isn’t hot enough either. Can the liquidity keep up?
A rebound to 0.98 in a month, how did you come up with that prediction?
Niche projects are just niche projects. Anyway, not many people are paying attention, which makes it more peaceful.
Having only a few hundred people in the TG community is a bit concerning. What if the project team runs away?
Wait, does this thing still have mining rewards? How’s the market doing now?
There is a relatively obscure over-collateralized stablecoin project on the Sei chain called SyUSD, which has now dropped to $0.85. However, based on fundamentals, it is expected to rebound above $0.98 within a month. This project is very niche, with hardly any members in the TG community—only a few hundred active users.
I first got involved last summer when I participated in the Sei chain airdrop. At that time, the project's liquidity mining yields were extremely high, with annualized mining returns of 50% to 100% being quite common. Decoupling of stablecoins is quite common among small-cap tokens. Once awareness spreads or liquidity improves, these overlooked projects often quickly recover their prices. Currently, this price point might be an opportunity for many to get in. Of course, such niche projects carry higher risks, so do your homework before investing.