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Message Subject Crypto bottoms when we have our next "world event" similar to covid pandemic
Poster Handle nemo_solus
Post Content
nemo, what chart is that? the stablecoin chart you follow? i want to play around with it a bit. super interested in it and can't see the label on your picture

(nevermind. i saved your picture and blew it up. saw that it was usdt.d)

all good now :)

thanks for the new chart to follow. definitely a good one to keep in mind.
 Quoting: Mr Cheese


Hi Cheese,

Glad you figured it out - it is the sum of USDT.D and USDC.D (CRYPTOCAP:USDT.D+CRYPTOCAP:USDC.D). Basically, it is a proxy for "cash sitting on the sidelines" in the Crypto markets.

It has been a good reference to see overall how the market is trending and if the trend has locally reversed.
 
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