After cryptocurrencies fall, stable currencies gain market share

[Syedbesharat 5423]

Most of the   crypto holders and trader converted their funds in stable coins like USDT. Where they can transfer them to anyplace without worrying. I also prefer TRX, XRP, USDT, USD holding my assets who doesn't drop like other crypto. So the stable coins having god place was expected when other altcoins and BTC drops price.The USDT capital is increasing most astonishing speed  where people forget the scandals of USDT from the past. But be alert USDT is under U. S observation and can be close down anytime. 

[ABIR21 426]

On 3/20/2020 at 7:58 PM, Badman001 said:

 

On 3/20/2020 at 3:34 AM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

Thanks for sharing this.  You discuss very important topic.  Now everything is in competition. If anyone survive  he must go on competition.  Otherwise he will be failure. Like this usdt,usdc,paxos,tusd,busd are the lucky winner who do better. For this reason they get place in top 50 currencies. 

Edited December 21, 2020 by ABIR21
For network problem

[Rozy 1918]

Dear friend what you are calling stable currencies are not stable at all, all the currencies are connected to the Dollar and the Dollar itself is connected to gold reserve but in fact there is no gold reserve to back it up at all and it is just a big scam that he whole word fall victim to. Think again before you trust what you call stable currency.

[cryptovlek 2597]

We see the stable coins rising no matter the course of the market is taking. I have lost count they could be 25 billion right now, which is remarkable but also can be a threat to crypto as the stability these coins offer mean that many are buying without looking at the price just using loaned Tether to buy Bitcoin. If Bitcoin drops for a while these loans how will they be repaid and how will TEther act, also USDC and BUSD, all these are probably unstable coins instead of how they are known.

[Sykkuno 2887]

After cryptocurrency market drops the stable coins gain in position but sometimes they gain even when market is rising as they can be increase in total coins in circulation and increase their marketcup, therefore making them more important players and increasing their share as long as there is demand for them.

[Pereira 2303]

The growth in this year is indisputable, the March price in cryptocurrencies had fallen and therefore the cryptocurrencies with a very good base and that this very well consolidation will always remain at a stable price while the others fall, and as long as they remain the same. People will want to invest more, therefore the crypto would not fall, but would rise and that will make the crypto rise in price and position in the table of most famous cryptocurrencies in the world, today December 22 all cryptocurrencies have risen exponentially and the cryptographic world is very active this month and I dare to say that the beginning of the year will bring new opportunities in the crypto world, being an opportunity for everyone to accept cryptocurrencies and become the world's biggest controversy.

[jappy 1129]

There is a lot of potential with respect to these cryptocurrencies, that is good that every time there are serious projects that in the future may have an outstanding value in the future in addition to being very safe, simply what generates more confidence in the population to generate with regarding crypto.

[Naseer Ahmad78 721]

Thanks to sharing such information which create more interest in crypto industry,i think that crypto currencies will never fall because now these currencies are getting more stable and a lot of people are investing on this forum,we are really happy to investing in crypto industry having a lot of profit.

[MoralStories 1127]

does not matter if the stablecoins are getting into the market because they are not increasing in race and they will be the same whatever the usage of them are

[yulitzacalvete 1366]

On 3/19/2020 at 5:34 PM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

Its creation has totally been the result of a new method for investors to support losses of money since, because of the falls in BTC and cryptocurrencies, they do not affect stable currencies, so they are very good to use.

[teebasas 3018]

We know that digital currencies are unstable and in constant fluctuation, and from this matter many people earn good profits as they buy when the price falls and sell when the price rises and in this matter they achieve profits through this volatility.

[Samotokika 1780]

On 3/20/2020 at 2:34 AM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

thank you so much for your information regarding cryptocurrencies and its stabilization and no doubt if cryptocurrencies fall then there are a lot of other currencies of their value become high. But noone know What will happen in just few seconds to cryptocurrencies.

[guatazoo 7150]

On 3/20/2020 at 12:34 AM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

Of course thats is true when other cryptocurrencies drops the stable currencies are ranked high, because stable currencies doesn't have volatile market and also it is traded through all cryptocurrencies.  

[David miller 420]

Good post, it is very useful sharing information in this forum because that's is realize dooller because mostly people see dollars growing,and cryptocrruncy are down it's a long down so mostly members fell asleep and lack of dollars growing,that is a main issue.

[abd1992 960]

On 3/19/2020 at 11:34 PM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

When the dominance of Bitcoin on the financial markets decreases and the dominance decreases, the other currencies will return to rise dramatically. This is a good opportunity to make money

[m7md 0]

There are some cryptocurrencies that are characterized by stable prices as they are a good option to retain the profits that you reap from trading operations, and this is what distinguishes the field of cryptocurrencies as they contain different currencies in features That suit everyone

[mzk7736 1592]

During this situation of panic people are selling their cryptocurrency after seeing their prices being brought down. For keeping their investment in the exchanges they purchase stable currencies which would never fluctuate in terms of Fiat currency.

[Ses93 1624]

The strong control of Bitcoin on the cryptocurrency market is the main reason for the significant decline in the price of the remaining currencies, as the demand for bitcoin increases dramatically.

[jackycrypto485 1055]

There is also the currency ZIL has achieved tremendous growth during the past short period and rose from the price of 0.02$ to 0.09$, this is a huge increase, in fact, equivalent to 400%, while most of the other altcoins have achieved only a small increase. I do not know if we will witness a scenario similar to the 2017 scenario for Altcoin.

[koynayak 1923]

That's right, if the market goes down stable coins will take a huge share from the marketcap.  As we all know it happened 2017 and i think it'll happen again soon. There're a lots of stable coins and most used one is tether(usdt), but i think tether said we don't buy 1 dollar for every 1usdt whic is not good. I am not saying tether is untrustable but i think busd is much more trustable.

[Farukatie 1271]

On 3/20/2020 at 2:34 AM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

Thank you so much for sharing this useful information about crypto coins with all of us. Many of the members would get to know Bout it and can earn good profits by investing in these coins. Have a nice day dude. Best of luck for your future.

[abdullah553 1981]

On 3/19/2020 at 11:34 PM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

This is normal because those who want not to lose profits are freezing their money into stable currencies for fear of falling, and thus their percentage increases.

[Amna Hareem 1213]

On 3/20/2020 at 2:34 AM, Beromnia said:

Welcome with me

 

While most cryptocurrencies have lost half of their market value in one month, many stable currencies have experienced recent growth in their market share.
 There are currently six stable currencies among the top 50 cryptocurrencies by market value.

* USDT Tether is ranked fourth

* USDC ranks 17th after it ranked 30th

* Paxos is ranked 27th from 42nd

Other stable currencies achieve noticeable gains, such as:
* TUSD climbed to the top 50 cryptocurrencies by market value - up from 60th to current rank as 35th best cryptocurrency.

* Binance Dollars (BUSD), which was launched just six months ago, made a tremendous gain, and from February 16 to March 15, Binance Dollars jumped from 243 to 36
* The stable DAI coin has also penetrated the top 50 cryptocurrencies by market capitalization.

Thanks for this information. You are many currencies lost their price in some months and many are adding daily but their prices are so low and many of them are scams so I am not electing any new currency because they are not stable amd I don't want to lose my money so is am avoiding this.

[Serbberq 724]

Cryptocurrency is volatile which the price will never be stable and when it dumps in the market stable coins will rule the market and people will change their direction of crypto demand to stable coins. 

[Naha62 752]

Sure after cryptocurrencies dropes those currencies gain high ranking, when the market fall down we have to use the stable coins to avoid lossing .if USD dropes those coins will be dropped also don't see the stable coins as something we should be cheering about.  USDTtetheris ranked fourth .