Stable coins!

USDC loses parity with the dollar and reaches 0.87 cents!

By ROcrypton | ROcrypton blog | 12 Mar 2023


 USDC loses parity with the dollar due to excessive liquidity

 

Yeah, it's not easy for anyone, at least for those with large positions in USDC, at the time of this post I should have already exchanged for BTC or ETH or TETHER, but remember right away that there are no investment recommendations on this blog, o usdc is yours you do what you want.

         

       At the time i added the Coingeko widget the usdc was worth 0.92 usd, but as you can see the lowest value in the last 24 hours was 0.87 usd i am saying this because i dont know what time you will be reading this text and also there is no way to know if it will return to a parity of 1 to 1 after all, it is the minimum that we expect from a stable coin, but the good news for us is that part of this USDC exchange that is being made in the market is being converted into bitcoin or ethereum

     I'll be honest with you, I'm not very good at this technical part and today I found out about the situation and it has to do with the case of Silvergate Bank and other banks like Silicon Valley Bank, I follow macroeconomics to know what to do with my cryptocurrencies, but I have difficulty informing you, it may be due to lack of practice, so I do not speak as if I were a writer, but as a friend, when you leave here, just look in the Publish0x feed about USDC because there are great authors here and reliable, research about it because it's the subject of the day!

  But one thing I have to comment with you, now the CZ that did well in this story, remember that he exchanged all USDCs for BUSDs and even that paxos (I remember that I wrote paxful somewhere and I'm still looking to edit and I can't find it, at least it was deleted, kkk) it has been banned from continuing to issue BUSD it is in second place in parity only losing to TETHER

...  if someone can explain to me why there is no BUSD on Coingeko like USDC and USDT I would appreciate it, but I will leave a screenshot of coinmarketcap

 d6b27e7199adb97a6d0e9cf54ed1c5c87cb250122aa8130f4263228f4dffeafd.png

      Remembering that this screenshot was taken at 2:45 pm on March 11, 2023... and this parity with the dollar is it because the coinmarketcap is from CZ Also (jokes aside, with so much regulation coming it would be difficult for them to have the courage to manipulate ).               

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                                                  🚀

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°.                                         the end 

 

   Choose your cryptocurrency faucet 

 

   Yescoiner.com - With a super simple interface and no need to watch ads, just solve a captcha eight times a day per hour, paying between 2 and 27 satoshi per captcha.

 

  Coinpayu.com - one of the best faucets, it has more than 20 different cryptocurrencies where you can choose four coins a day and after accumulating a minimum of 0.05 usd you can trade within the platform itself, and it has many more options to earn and even has a bet worth worth checking out.

 

  Cointiply.com -  perhaps the best known faucet by all but it's not like the others, it's more like you work for them, the withdrawal limit is 3 dollars if it's in DOGE, LTC and DASH but if it's in BTC then it's 5 dollars and if you try to win something without seeing advertisements this is not the place but if you like to do those market research then yes you are in the right place there are several market researches and some pay a considerable amount, there are promotional codes and a giving organization envy to any other faucet!

 

 

 

 

 

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ROcrypton
ROcrypton

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