Which STABLE COIN should you hold PRE-Pulsechain Launch?
Updated: May 5, 2022
What is a Stable Coin?
A stable coin is a cryptocurrency that is pegged(Holds its $ Value) to a single USD through algorithm, collateralization through real world cash/ asset reserves or Digital asset vaults/reserves.
It is intended to maintain an approximate $1 USD value at all times and can be a great place to hold funds while waiting for an investment opportunity without losing value over time.
Stable Coins and the Fork
Because of the upcoming launch of Pulsechain and the World’s Largest Airdrop, where any held token on the Ethereum network is copied over to Pulsechain, there has been speculation as to whether or not holding a stable coin is a safe bet. One of the major questions is wether or not when the Stable coins are copied over, will they maintain their value?