AlgoStable STBL

Price: $0.89 -2.8%
Market Cap: $0.00 (#16176)
Supply: /
Tags: Algorand Ecosystem
Description: AlgoStable (STBL) is a stablecoin aiming to maintain a consistent value by being collateralized with algorithmic mechanisms. This digital currency is created using blockchain technology, ensuring the integrity and security of transactions. Unlike traditional cryptocurrencies, which are often volatile, AlgoStable aims to provide a stable store of va...

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AlgoStable (STBL) is a stablecoin aiming to maintain a consistent value by being collateralized with algorithmic mechanisms. This digital currency is created using blockchain technology, ensuring the integrity and security of transactions. Unlike traditional cryptocurrencies, which are often volatile, AlgoStable aims to provide a stable store of value, making it suitable for microtransactions and other use cases where price stability is crucial.

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2. Price

2.1. Market Performance

How does AlgoStable's (STBL) performance compare to the median performance for assets of a similar market capitalization?

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

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Historic data is only available from 22nd April 2022

5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

What is the correct contract address for AlgoStable?

Algorand	465865291

Has AlgoStable been audited for security?

No security audits found for this project.

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Supply & Trading Volume
Trading Volume (24h)	$226.00

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