Details about AlgoStable cryptocurrency
€516
1,000,000,000,000
1
0.01
https://www.algofi.org/
@algofiorg
https://www.reddit.com
1x
€1.18848
AlgoStable price charts
STBL exchanges
AlgoStable, the crypto
AlgoStable (STBL) is a stablecoin built on the Algorand blockchain that aims to maintain a 1:1 ratio with the US dollar. It is designed to provide stability to cryptocurrency investors and traders.
The point
The main point of AlgoStable (STBL) is to provide a stablecoin that offers reliable value and low volatility, which can be a more predictable and less risky investment option for those who want to hold cryptocurrency.
The problem
AlgoStable (STBL) tries to solve the problem of volatility in the cryptocurrency market by creating a stablecoin that is pegged to the US dollar. This means that the value of STBL will remain relatively stable and predictable, making it a more reliable option for investors and traders who want to avoid the high risks associated with other cryptocurrencies.
Compare STBL and BTC performance
| Timeframe | STBL | BTC |
|---|---|---|
| 1h change | 0.52241 % | 0.757534 % |
| 24h change | -1.18 % | 3.78692 % |
| 7 day change | -3.78 % | -4.794 % |
| 14 day change | -6.42 % | -4.70093 % |
| 30 day change | -5.79 % | -3.61492 % |
| 200 day change | 0.33 % | 127 % |
| Year change | 5.66 % | 126.387 % |