MORE STABLE THAN ALL STABLECOINS, WHY GAUGECASH CAN BE THE GO-TO TOKEN OF THE DEFI WORLD
Extreme market volatility remains the single biggest problem facing cryptocurrency investors and traders. It is not uncommon for even the top cryptocurrencies by market size to plummet by over 50% in value — all in a matter of days, sometimes hours. In the recent episode, after Tesla Ceo Elon Musk backtracked on this decision to accept Bitcoin as payment, followed by China’s indiscriminate crackdown on Bitcoin mining, the price of the leading tokens tumbled. We saw how Bitcoin rallying around the $60,000 mark in April, was struggling to hold above $30,000 by the last week of May. The other top tokens mirrored Bitcoin’s price movement.