🚨Stablecoins Market Cap Shows Signs of Weakness!
The market cap of all stablecoins is starting to stall, with its 90-day variation trending down! 📉
Historically, a rising market cap of stablecoins has been crucial for sustaining market liquidity. But when the 90-day change in market cap begins to weaken, it often signals the onset of a short or long-term bear market. 🐻
While the 90-day variation hasn't turned negative yet, suggesting there might still be a chance for the market to recover, the first signs of weakness are already appearing and are similar to previous market cycles!
Tracking stablecoin data is essential to assess market interest and overall liquidity. Stay ahead by keeping a close eye on these metrics!