2021-06-22 13:37:14
Sable coins issuance events
We saw a lot chatter about how bullish the stable coin market looks like, I disagree.
lets look at the stables issuance events as an example (Sables m.cap chart from 2017-2018 is telling a similar story).
After the bottom of the last bear market (2018-2019) we saw a steady rise in issuance events at the top (28/06/19) of this bullish period there was a large issuance event (the two big spikes in July-August 2019 are due to USDT ETH issuance). it looks like the same is happening right now.
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