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Algorithmic stablecoin market share dropped by 10x from ATH: Report

According to a new report from CryptoCompare, the current market share of algorithmic stablecoins stands at 1.71%, while its all-time high record in April 2022 reached 12.4% of the whole crypto market. Before its crash, Terra USD accounted for 79.8% of the algorithmic stablecoin’s market share.

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Source: Cryptocurrency - investing.com

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