Stablecoin reviews continue to rise, mimic and MusD market capitalizations increase by three-digit numbers in 30 days-altcoins

In mid-October, the market capitalization of all existing stable coins was $ 134 billion and in the last three weeks the evaluation has increased by 5.59 % to $ 141.5 billion. While the market capitalization of Terrausd rose by 6.7% last month, StableCoin Dai recorded an increase of 27.3% in 30 days. The largest stable coin after market capitalization rose by 6% this month, today a total of 73 billion tether is in circulation.

Stablecoin capitalization increases by 5.59 % last month-Makerdaos StableCoin increases by 27 %

On October 13, 2021, the largest stable co-market capitalization held by Tether was $ 70.9 billion and is now $ 73 billion. The USDC stable coin market was $ 33.3 billion and today it is $ 34.2 billion. During the keeping belt ( usdt ) last month rose by 6%, the increase in the USDC was somewhat in 30 days less.

The StableCoin Dai, issued by Makerdao, increased the most with an increase of 27.3% in the last month with regard to the overall rating. Terrausd, the stable coin issued by the Terra network, rose 6.7% last month and was the second largest 30-day winner.

MBableusd, Magic Internet Money see three-digit increases-time, increase in climate rebase token

A outlier among the top stall coins, which is positioned in sixth place, is Magic Internet Money (MIM), which recorded a massive increase of 152.3% over 30 days. The Mim-StableCoin issued by Abracadabra.money has a market rating of $ 2.5 billion and a 24-hour trading volume of $ 112 million. At the time of writing, the decentralized stock market platform Trader Joe based on AVAX is the most active MIM exchange. While the MIM rose by 152% last month, it is the second largest winner, since Mstableusd (Musd) rose by 379.4%.

MUD now has a market rating of $ 139.3 million and a global trading volume of $ 2 million. While the upper StableCoin market capitalization rose, their sibling protocols-Rebase token-have also increased. However, the top rebase (reserve token) Olymp (ohm) has fallen by 25.5% in the past seven days. The second and third largest rebase tokens Wonderland (Time) and Klima dao (climate) have increased. Time's seven-day statistics rose by 38.5% and the weekly measurements of the climate rose by 10.5%.

What do you think of the increasing market assessment of Stablecoin and the increase in rebase token? Let us know your opinion on this topic in the comments below.

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