Published 18 Jun 2026, 14:58 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 18 Jun 2026, 14:05 UTC · context given to the AI
$STRC Has traded down in the low 90s 3 times prior before repegging. These also coincided with local lows in BTC's price. This time around, we saw an initial move to 90, which recovered to 98, but is now down to 85, the lowest it has been since launch. Strategy is likely to increase the dividend from 11.5% to 12% if it holds around this level. The big thing here is that compared to the previous drawdowns, the total STRC value has grown a lot, so it is harder to repeg. STRC is still a great assessment of "panic" and stress over $BTC's price action. I would not be surprised if a year from now and multiple depegs from par later, we see some calculations around buying/longing around big STRC drawdowns only to sell sometime after it regained par. So far that has yielded good results but obviously that is no guarantee it keeps happening.$STRC Wonder at which price level it will be a good move for a big fund or whatever to drive this back up. Should be driving itself back up once it trades back into the mid 90s from how deep it is now I think. Big question is how deep it goes before capital steps in. It's a +16% move back to par now. That's almost 1.5 years of dividend just on the move back to par. Investors poured in billions while it traded at its $100 for the 11.5% dividend, and they will again at some point. But obviously it looks scary now. Going to be an interesting watch over the next 1-2 weeks.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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