Basically even when people called that USDT was stable token but they don't remember if that's still a token which was peg with the liquidity and trust from the market. The chart was happening during the panic sell that happened with crypto market. The liquidity from the market was always become the most important thing to keep the peg of token even when this token claimed to be fully backed by dollar or fiat money.
Sometimes when so many people that owned USDT were dumping their USDT at the same time. This will be drained the liquidity and that makes the price will be below 1 dollar.
Sometimes when so many people that owned USDT were dumping their USDT at the same time. This will be drained the liquidity and that makes the price will be below 1 dollar.
Agree with you, see the movement of people who panic with what they have to incur huge losses. There are some people who can't avoid the panic that builds up inside of them. So you should continue to see the latest charts about the coins you currently have. But I've also been at a loss for the past few months.
