🤔 Why did USDC de-peg? What happened? ☠️ 💲 Recently, the cryptocurrency market experienced a sell-off that caused Circle's stablecoin, USDC, to lose its peg to the US dollar. However, this event did not affect the value of Galaxy NFT, a popular non-fungible token (NFT) marketplace. 😄 Galaxy NFT uses its own token, GLF, as its primary currency for buying and selling NFTs. GLF is not pegged to any fiat currency and is not directly affected by the de-pegging of USDC. Additionally, Galaxy NFT has implemented various measures to mitigate the impact of market volatility on its platform, such as implementing a 24-hour price protection mechanism. 💤 While the de-pegging of USDC may have caused concern for some cryptocurrency traders and investors, it did not have a direct impact on the value of GLF or the NFTs traded on Galaxy NFT. As the market continues to evolve, it is important for investors to stay informed and consider the potential risks associated with different cryptocurrencies and NFTs. 💌 Keep your notification ON, it's more to come! Follow Galaxy Finance on: 🌐 Website 📘 Facebook 👉 Twitter 👉 Announcements 👉 Community 👉 Youtube Channel