Details about Steel cryptocurrency
€0
47,811,924
10.991
Unknown
https://iron.finance/
@IronFinance
Steel price charts
STEEL exchanges
Steel, the crypto
Steel (STEEL) is a cryptocurrency project that aims to bring stability to the crypto market. It is built on the Ethereum blockchain and is designed to be a stablecoin, meaning its value is pegged to a stable asset, generally the US dollar.
The point
The main point of Steel (STEEL) is to provide a stablecoin that solves the problem of volatility in the cryptocurrency market. By pegging its value to a stable asset, it provides a safe haven for investors and reduces the risk of significant fluctuations in value.
The problem
Steel (STEEL) tries to solve the problem of volatility in the cryptocurrency market. Cryptocurrencies are notoriously volatile, with prices fluctuating drastically from day to day or even hour to hour. This volatility makes investing in cryptocurrencies risky and can lead to significant losses. Steel (STEEL) provides a stablecoin that is not subject to these fluctuations and allows investors to have a predictable and stable investment option.
Compare STEEL and BTC performance
| Timeframe | STEEL | BTC |
|---|---|---|
| 1h change | 0 % | 0.0128614 % |
| 24h change | 0 % | 3.28956 % |
| 7 day change | 0 % | -8.3567 % |
| 14 day change | 0 % | -1.52273 % |
| 30 day change | 0 % | 4.84492 % |
| 200 day change | -63.6 % | 126.723 % |
| Year change | -71.18 % | 128.304 % |