Featured image of post 2024-10-08  Crypto Bloodbath: Stablecoins Take a Bath Shitcoins Still Alive?

2024-10-08 Crypto Bloodbath: Stablecoins Take a Bath Shitcoins Still Alive?

Stablecoins are anything BUT stable, and the rest of the market is taking cues from them (to the dumpster). Strap in, because this rollercoaster is headed straight down.

  • BUSD (BUSD)
    • $1.00: ⭐⭐
    • BUSD, the stablecoin that’s about as stable as a drunken tightrope walker on a windy day. Holding steady at $1.00… for now. Place your bets on how long this lasts.
  • TUSD (TrueUSD)
    • $0.99: ⭐⭐⭐
    • TrueUSD? More like True-ISH-USD. Another day, another stablecoin struggling to live up to its name. At least it’s not negative… yet.
  • QNT (Quant)
    • $67.24: ⭐⭐⭐⭐⭐⭐
    • Quant’s down 3%? That’s practically a win in this bloodbath. Maybe they should rename it ‘Quant-a Little Bit Less Today’.
  • XMR (Monero)
    • $146.29: ⭐⭐⭐⭐⭐⭐⭐
    • Ah, Monero, the OG privacy coin for shady dealings. Actually holding its own today! Guess crime never sleeps, even in a bear market.
  • ETC (Ethereum Classic)
    • $18.53: ⭐⭐⭐⭐
    • Ethereum Classic, the awkward cousin everyone invited to the party but wishes they hadn’t. Down 2% - shocker!

Nvidia’s taking a dip in the real world, but in crypto land, it seems everyone’s trying to out-NVDA Nvidia! Today’s losers are led by the stablecoin gang (BUSD, TUSD), proving yet again that the only stable thing in crypto is instability. Maybe those WSB degens trading on shrooms are onto something…


Logo 30D Change 24H Change Circulating Price $ Diluted Cap $ Cap # Symbol Name
0 1 69.5M 455 BUSD BUSD
1 1 494M 121 TUSD TrueUSD
2 -3% 81% 67.24 1B 79 QNT Quant
3 -2% 1.08 1.08B 68 LDO Lido DAO
4 -2% 86% 1414.03 1.42B 57 MKR Maker
5 -6% 4.38 1.71B 49 ATOM Cosmos
6 -4% 93% 0.02 1.98B 48 VET VeChain
7 -3% 0.08 2.34B 41 CRO Cronos
8 -5% 75% 0.05 2.6B 45 HBAR Hedera
9 -5% 0.05 2.61B 9779 WHBAR Wrapped HBAR
10 146.29 2.7B 32 XMR Monero
11 -2% 52% 0.59 3.69B 46 MNT Mantle
12 -2% 0.38 3.76B 64 MATIC Polygon
13 -2% 70% 18.53 3.9B 30 ETC Ethereum Classic
14 -1% 62364.1 4.07B 9703 BTCB Bitcoin BEP2
15 -4% 8.02 4.2B 26 ICP Internet Computer
16 -2% 59% 0.09 4.53B 33 XLM Stellar
17 1 5.37B 20 DAI Dai
18 -3% 89% 65.11 5.47B 21 LTC Litecoin
19 -2% 0.55 5.5B 43 ARB Arbitrum
20 -1% 5.93 5.84B 19 LEO UNUS SED LEO
21 -3% 5.04 6.11B 17 NEAR NEAR Protocol
22 -2% 4.13 6.2B 16 DOT Polkadot
23 -1% 94% 324.43 6.81B 15 BCH Bitcoin Cash
24 -2% 29% 1.65 7.07B 42 OP Optimism
25 -3% 7.13 7.13B 24 UNI Uniswap
26 -2% 3.69 7.23B 39 FIL Filecoin
27 -1% 62222.3 9.37B 9700 WBTC Wrapped Bitcoin
28 9.04 10.1B 23 APT Aptos

Overall, the crypto market is giving off major ‘I should have sold yesterday’ vibes. The only winners today are the people who panic-sold last week and are now buying back in at a ‘discount.’ Don’t worry, though, I’m sure tomorrow will be different…ly bad.

Made with the laziness 🦥
by a busy guy