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The rial is currently worth about 900,000 to one US dollar on the open market (as of today, February 26, 2025).
Itās slowly losing valueā inflationās high, and economic issues like sanctions and excess liquidity are eroding its backbone. Your uncle, stashing cash at home, might think "any day now" somethingās going to turn it all around, but the reality is, this is the trend for now.
On the flip side, $DEGEN is a digital coin riding the wave of memes and market hype, and some people are actually using it, not just holding it.
The rialās mostly for those trying to cling to their money in todayās mess, while $DEGENās for the risk-takers chasing quick gains.
Do the math , nerds .
(Not financial advice, just facts .) 4 replies
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