All cryptocurrencies

A stablecoin is a crypto asset that maintains a stable value regardless of market conditions. This is most commonly achieved by pegging the stablecoin to a specific fiat currency such as the US dollar ikibu recension. Stablecoins are useful because they can still be transacted on blockchain networks while avoiding the price volatility of “normal” cryptocurrencies such as Bitcoin and Ethereum. Outside of stablecoins, cryptocurrency prices can change rapidly, and it’s not uncommon to see the crypto market gain or lose more than 10% in a single day.

Let’s say that a company creates Stablecoin X (SCX), which is designed to trade as closely to $1 as possible at all times. The company will hold USD reserves equal to the number of SCX tokens in circulation, and will provide users the option to redeem 1 SCX token for $1. If the price of SCX is lower than $1, demand for SCX will increase because traders will buy it and redeem it for a profit. This will drive the price of SCX back towards $1.

The first chain to launch smart contracts was Ethereum. A smart contract enables multiple scripts to engage with each other using clearly defined rules, to execute on tasks which can become a coded form of a contract. They have revolutionized the digital asset space because they have enabled decentralized exchanges, decentralized finance, ICOs, IDOs and much more. A huge proportion of the value created and stored in cryptocurrency is enabled by smart contracts.

why do all cryptocurrencies rise and fall together

Why do all cryptocurrencies rise and fall together

Yes! Social media posts, especially from influential figures, can spark massive price changes. For example, Elon Musk’s tweets about Bitcoin and Dogecoin caused their prices to skyrocket within hours.

Bitcoin’s limited supply and decentralized nature make it a popular choice during inflation. Unlike fiat currencies, Bitcoin isn’t controlled by governments, which helps it retain value when traditional money loses purchasing power.

These psychological factors contribute to market volatility. Investors who act impulsively often face negative outcomes, especially during periods of extreme price fluctuations. Understanding these dynamics can help investors make more informed decisions and avoid falling victim to emotional trading.

all the cryptocurrencies

Yes! Social media posts, especially from influential figures, can spark massive price changes. For example, Elon Musk’s tweets about Bitcoin and Dogecoin caused their prices to skyrocket within hours.

Bitcoin’s limited supply and decentralized nature make it a popular choice during inflation. Unlike fiat currencies, Bitcoin isn’t controlled by governments, which helps it retain value when traditional money loses purchasing power.

All the cryptocurrencies

These crypto coins have their own blockchains which use proof of work mining or proof of stake in some form. They are listed with the largest coin by market capitalization first and then in descending order. To reorder the list, just click on one of the column headers, for example, 7d, and the list will be reordered to show the highest or lowest coins first.

The coin market constantly changes due to the creation of new coins and others being abandoned. While the exact number fluctuates, tens of thousands of cryptocurrencies exist already. On our platform, we continue to list both active and abandoned coins for informational purposes, providing a complete overview of the cryptocurrency landscape.

To add a new coin to Blockspot.io, fill out our submission form with all the necessary details, such as name, ticker, logo, type, supply, and other metadata. The form can be accessed at Submitting a coin to our platform is completely free, and we’ll review your submission before adding it to our extensive database of cryptocurrencies.