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| Crypto market stable | Archived from the original on 23 October Retrieved 22 Oct By Marguerita M. Stablecoins have several purported purposes. In short, these algorithms automatically burn permanently remove coins from circulation or mint new coins based on the fluctuating demand for the stablecoin at any given time. You can think of an algorithmic stablecoin as a bucket of water left outside with a water level marked on the inside. |
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THESE CRYPTO PROJECTS WILL 1000X IN THE BULL MARKET (LAST CHANCE)Bitcoin and Ethereum both showed stability and both have managed to trade in a positive range ever since a month. Here's why the crypto market is rising. Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. � Stablecoins are more useful than more-volatile. Stablecoins are crypto tokens whose value is typically pegged to a currency such as the US dollar. They offer a way for traders to quickly move.
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