$ETH price drop
Yala has responded to the unpegging of YU, noting that the drop in $ETH price has led to a depreciation of assets. The company has committed to providing a clear plan by December 15. Yala’s statement highlights the impact of the recent market changes on its asset valuation. The unpegging of YU has raised concerns among investors, prompting Yala to address the situation proactively. In light of these developments, Yala aims to reassure stakeholders by outlining its strategy in the coming weeks.
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