Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Ozark on September 04, 2020, 03:24:00 PM

Title: Stablecoin market cap increases by $100M every single day
Post by: Ozark on September 04, 2020, 03:24:00 PM

Stablecoin market cap increases by $100M every single day

(https://i.imgur.com/PZqPDXBl.jpg)

‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter. Read the full story on Cointelegraph (https://cointelegraph.com/news/stablecoin-market-cap-increases-by-100m-every-single-day).

Title: Re: Stablecoin market cap increases by $100M every single day
Post by: MrSpasybo on September 05, 2020, 12:26:50 AM

DeFi brings new life to the entire crypto market and of course stable coins also benefit. More people interested in DeFi will buy stable coins to hoard and are willing to participate in potential DeFi projects, some profitable turn to stable coins to hoard, some DeFi projects also support stable coins... Currently the market is in a down-trend, this will be the time when the stable capitalization will have a bigger cap.

Title: Re: Stablecoin market cap increases by $100M every single day
Post by: aiviaa485 on September 07, 2020, 10:10:01 AM

This is something extraordinary and it is definitely the interest of investors to buy cryptocurrency in large quantities.
Then they seem to get FOMO to buy cryptocurrency in large quantities from cryptocurrency experts because after the Bitcoin Halving it will usually go back up again.

I see this is something good for the cryptocurrency market because so quickly in a day can create 100,000,000 USD for cryptocurrency, Oh My God!