Stable coins To Fuel The Next Bullish Run But There Is A Catch For This To Happen

Since the beginning of the current bearish market movement, since the first quarter last year and these several activities that has been happening around the crypto space seems stable coins has being a safe haven for traders and retail investors, but not entirely if you speak of the collapse of Luna StableCoin.

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It’s been predicted that stable coin will fuel the next bullish run, and will possibly change the mind of retail inventors towards cryptocurrency. With the wider adoption of stable coins the market capitalization has been able to rise to about $130 billion dollars if this continues and we are able to witness a trillion dollars then that will ignite the movement.

If this happens there are more chances that it will attract more of institutional investment/ investors to the ecosystem giving them a soft landing when the market correction happens( bear market), another thing that will also increase is the innovation within the ecosystem has more banks will begin to develop soft tools and platforms which are needed to create their own asset projects.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

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