DJED Stablecoin Underwhelms: Only 882 Holders Reported

DJED Stablecoin Underwhelms: Only 882 Holders Reported

full version at dailycoin
  • A Cardano analysis tool has reported a low volume of DJED holders.
  • The community is listing possible factors behind the low volume.
  • The COTI network is not displeased by the reported number.

DJED launched in late January 2023 as the first native stablecoin on the Cardano (ADA) network.

On February 26th, 2023, Cardano analysis tool TapTools has shared that the total volume of users holding DJED is only 882, further prompting the community to comment on whether the volume is a “surprise” or not.

The community is not only obliging with a number of responses to the prompt but is also dissecting the report by TapTools in an attempt...


Continue reading on DailyCoin.

Recent Crypto News

Investors Show Continued Interest in Bitcoin ETFs
Investors Show Continued Interest in Bitcoin ETFs
Rising On-chain Metrics Reveal ‘Solana Season’ Is Coming: SOL Price Analysis
Stellar Price Forecast: Analyst Predicts XLM’s 594% Surge to $0.681
Ripple Labs Sees XRP Surge Following Federal Court Ruling
Wazirx to Reverse Transactions Following $235M Crypto Hack

Recent conversions

1 BTC to ILS 2 SOL to ETH 4.5 SOL to AUD 2000 PKR to NOK 1 BTC to CRC 3000 BITS to ETH 1 BEE to CHF 0.36 ETH to BTC 25000 CFA to CAD 0.00000052 BTC to GBP 980 DOGE to ETH