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- High demand for USDX stablecoin
Unsurprisingly, in a situation such as this there will be a high demand for USDX as it is a stable cryptocurrency. Eventually, all the available USDX will be sold.
- People buying LHT to get more USDX
To get more USDX, people will need to buy LHT because it’s the only way to force the blockchain to issue more USDX.
- Making a profit or saving funds
People then can exchange the LHT tokens they have bought to USDX stablecoins or, if they want to profit from the situation, they can keep their LHT and sell them later at a higher price.
So, as you can see, when the cryptocurrency market goes down, the demand for USDX stablecoins goes up, thus raising the demand for LHT and the price of LHT tokens.