SyrupUSDC Information

SyrupUSDC is rapidly gaining traction in the decentralized finance space, offering users a unique blend of stability and liquidity. This innovative token is designed to enhance the usability of USDC within various DeFi ecosystems, allowing for seamless transactions and yield generation. As interest in stablecoins continues to grow, SyrupUSDC positions itself as a viable option for both investors and developers seeking reliable solutions.

SyrupUSDC

$1.09

  • Current Price $ : 1.086 $
  • Price Change 24h : 0.00121685 $
  • Price Change % 24h : 0.11216 %
  • Market Cap : 78199537
  • Market Cap Change % 24h : -1.17591 %
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Introduction to SyrupUSDC

SyrupUSDC is a relatively new entrant in the cryptocurrency market, designed to provide a stablecoin alternative that retains value in times of volatility. As a digital asset pegged to the US dollar, its primary aim is to facilitate transactions and provide a stable medium of exchange within the cryptocurrency ecosystem.

Price Performance and Market Position

As of the latest data, SyrupUSDC is priced at approximately $1.085, showing a subtle fluctuation in value within the last 24 hours. The coin has experienced a high of $1.086 and a low of $1.084 in this timeframe, representing a minimal price change of -0.08048%. With a market capitalization of over $79 million and a circulating supply of approximately 73 million SyrupUSDC tokens, it positions itself as a well-rounded asset in the digital currency marketplace.

Historical Development

Since its inception, SyrupUSDC has aimed for stability, which is evident in its performance metrics. The coin reached its all-time high (ATH) of $1.095 on March 2, 2025, shortly before dipping to its all-time low (ATL) of $1.07 just a day later. These fluctuations indicate the inherent stability and robustness of the coin as it seeks to maintain its peg to the dollar, thus appealing to users looking for a reliable alternative to traditional assets.

Advantages of SyrupUSDC

SyrupUSDC has several advantages that may attract users seeking stability within the volatile cryptocurrency market:

  • Stability: Being a stablecoin, it provides reduced volatility, making SyrupUSDC a safe haven during market downturns.
  • Transaction Efficiency: It offers quick and cost-effective transactions, which is essential for trading and other purposes in the decentralized finance space.
  • Wide Acceptance: SyrupUSDC can be used across various platforms, enhancing its utility in the crypto ecosystem.

Challenges and Drawbacks

However, SyrupUSDC is not without its challenges:

  • Regulatory Scrutiny: As with most stablecoins, SyrupUSDC faces potential regulatory challenges that could impact its transaction capabilities and acceptance.
  • Market Volatility: Although designed for stability, external market forces can still affect the perceived credibility and stability of the coin.
  • Competition: The stablecoin market is overcrowded, with numerous established players like USDT and USDC further complicating SyrupUSDC’s efforts to gain market share.

Future Outlook

The future of SyrupUSDC appears cautiously optimistic, assuming that it continues to innovate and adapt to the evolving regulatory landscape. Its commitment to maintaining a stable peg and enhancing its functionality can position SyrupUSDC favorably amidst increasing competition. As demand for stablecoins grows, particularly in decentralized finance (DeFi) applications, SyrupUSDC stands to benefit from its existing framework and community support.

Conclusion

SyrupUSDC presents a reliable option for users seeking stability in the tumultuous landscape of cryptocurrencies. While it has its advantages and challenges, ongoing developments in the DeFi space and regulatory clarity could determine its future trajectory. Investing in SyrupUSDC may suit individuals looking for a stable asset as part of their broader cryptocurrency portfolio.

from price
$1

General Information
Title
SyrupUSDC
Symbol
syrupusdc
Whitepaper
-
Website
https://maple.finance/
Community
-
Last Updated
2025-03-11 23:59

Price Data
Current Price $
1.086 $
High 24h
1.088 $
Low 24h
1.084 $
Price Change 24h
0.00121685 $
Price Change % 24h
0.11216 %

Market Data
Market Cap
78199537
Total Volume
748868
Market Cap Change 24h
-930500.26068209
Market Cap Change % 24h
-1.17591 %
Return on Investment (ROI)
-

Supply and Availability
Circulating Supply
71997328.360467
Total Supply
72010872.334136
Max Supply
-

Historical Data
All Time High (ATH)
1.095
ATH Change %
-0.80649 %
ATH Date
2025-03-02 15:30
All Time Low (ATL)
1.07
ATL Change %
1.51565 %
ATL Date
2025-03-03 14:41