The Crypto Market Balance with Stable Coins and Exorays| Service Plan Blog

The stability of the crypto market heavily impacts the future of the cryptocurrency market and the growth of crypto users. Though Exorays Presents cannot speculate on the value of cryptocurrencies, there must have some prediction so that the people build confidence to depend on it for their general use.

There may arise several external forces and for this many long-term strategies are made to achieve constancy as time passes by.

These strategies aim to improve the current scenario of the cryptocurrency market and to know more about the pattern of traditional financial markets.

Improving the position of crypto in the world

Still, the cryptocurrency world is small and experience some sort of insufficiency for large-scale exchange or trade. A single large market project or order can inflate or deflate the crypto market.

These extreme reactions from the market can be relieved only through the increase of investors and the growth of the volume of trade. So, adopting more cryptocurrencies can help the crypto market stabilize.

However, this strategy cannot remove the risk of instability completely. For example, in the Forex market, when the market goes down and further down, customers happen to build panic-based liquidation disorder. Such a situation can be observed in the bear market because the value of most currencies continues to fall.

Stable coin price table

There must be some rescue to minimize price volatility. And for this, there are secure algorithmic stable coins including Timvi (TMV) and EOSDT. The price that stable coins possess, is equal to the price of the US Dollar.

Governmental control can rescue the worse impact of a bank rush but the virtual currency is not controlled completely so, there must have some attention for future issues. Then, what can the traditional financial system teach us?

Learn from reality

If there come the issues of stability, Exorays provides the establishment of forwards, swaps, options, and futures can take everything to a solution. This plan helps the market stabilize the price as it offers people access to their money at a fixed price and two parties can negotiate directly. After proving such a pattern in the cryptocurrency market, there increases in the level of trust, engagement, and confidence.

Originally published at http://serviceplanblog.com on January 14, 2021.