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DUSK's recent moves are indeed worth paying attention to. On the technical side, DuskEVM mainnet has just gone live, which is not just a routine upgrade—it directly opens the channel for over 300 million euros worth of real assets to be on-chain. At the same time, DuskTrade has partnered with a licensed Dutch exchange, addressing compliance and privacy issues for institutional-level needs, effectively solving key problems.
From the market performance perspective, the price fluctuations are quite interesting. The manipulator's current tactic is to push down by -2%, then harvest short positions, moving from -1 to -1.2%, with the next target aiming for the -1.5 and -2 levels. At this pace, it is expected to reach a -2% decline when the price hits 0.14-0.15.
The project itself has no major issues; both technology and partnerships are in place. But I have to say, the manipulator's tactics are indeed quite off-putting. The slow process of gradually offloading might be the real test.