SpiceUSD (USDS)
Details about SpiceUSD cryptocurrency
€621,923 ( 1.42055%)
€0
19,436,004
8,309,089
0
Unknown
https://www.spicetrade.ai/
@spicetradeai
802884x
€60095
SpiceUSD price charts
USDS exchanges
SpiceUSD, the crypto
SpiceUSD (USDS) is a stablecoin that is pegged to the value of the US dollar. It is built on the Ethereum blockchain and is designed to maintain a stable value over time, providing a reliable store of value for traders and investors.
The point
The main point of SpiceUSD (USDS) is to provide a stable and reliable cryptocurrency that can be used for transactions and trading, without the volatility that is often associated with other cryptocurrencies like Bitcoin or Ethereum. It is designed to maintain a 1:1 ratio with the value of the US dollar, giving users the confidence that their investment will not fluctuate in value as dramatically as other cryptocurrencies.
The problem
SpiceUSD (USDS) tries to solve the problem of cryptocurrency volatility. The value of many cryptocurrencies can fluctuate wildly in a short period of time, which makes them unsuitable for use as a reliable store of value or a medium of exchange. By providing a stablecoin that is pegged to the US dollar, SpiceUSD (USDS) provides traders and investors with a much more predictable and stable cryptocurrency that can be used for transactions, trading, and other purposes.
Compare USDS and BTC performance
| Timeframe | USDS | BTC |
|---|---|---|
| 1h change | 0 % | 0.0630983 % |
| 24h change | 1.42 % | 0.915555 % |
| 7 day change | -11.06 % | 2.96776 % |
| 14 day change | -40.75 % | 3.05927 % |
| 30 day change | -50.16 % | 7.1955 % |
| 200 day change | -52.92 % | 8.98765 % |
| Year change | -89.24 % | 30.4973 % |