INVESTOR RESEARCH CENTER
Tracking 7 Algorithmic Stablecoin coins
Top 25 Algorithmic Stablecoin Cryptocurrencies for April 2024
Algorithmic Stablecoin cryptocurrencies are a type of digital currency that use algorithms and smart contracts to automatically adjust their supply, aiming to maintain a stable value relative to a specific asset or a pool of assets. They are designed to counteract the high volatility often seen in cryptocurrency markets. Examples include Ampleforth (AMPL), which adjusts its supply daily based on market demand, and TerraUSD (UST), which uses an algorithm to keep its price stable at $1 USD by expanding or contracting the total supply of tokens.
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| Name | Price | 1h Change | 24h Change | 7d Change | Market Cap | |
|---|---|---|---|---|---|---|
| 57 |  USDD | $0.98397998132293 | 0.0% | 0.0% | 0.4% | $713,712,201 |
| 179 |  USTC | $0.019078734222184 | -0.2% | 0.2% | 8.2% | $170,755,653 |
| 208 |  FRAX | $0.99865320755177 | 0.0% | 0.0% | 0.0% | $648,559,617 |
| 255 |  USDX | $0.81983264637661 | 0.1% | -0.4% | 0.0% | $91,466,485 |
| 395 |  CUSD | $0.9998079278738 | 0.1% | 0.0% | 0.1% | $37,220,733 |
| 422 |  AMPL | $1.1179699763967 | 0.6% | 3.3% | 11.0% | $31,610,035 |
| 3050 |  MIMATIC | $0.74447312888081 | -0.2% | -22.1% | -13.0% | $0 |