© Reuters
The digital currency market is seeing a mix of ups and downs, with PayPal (NASDAQ:) USD (PYUSD), running on the blockchain, maintaining a stable value near $1. The token’s market capitalization stands at approximately $158.97 million, with a circulating supply of approximately 158.96 million tokens.
During recent trading activity, PYUSD showed minimal movement, up slightly by 0.1%, with its price hovering around $1 or 0.00002677 (BTC). PayPal USD’s stability contrasts with fluctuations seen in other cryptocurrencies over the past week.
While the value of PYUSD remained largely unchanged against the dollar, other tokens saw varied performance:
- KILT Protocol fell to $0.34, recording a decline of 1.8%.Aidi Finance fell to negligible amounts, down 2.2%.Zoo Token declined to $0.0652, also down by 2.2%. CareCoin declined to $0.0809, matching the 2.2% decline. Conversely, OmniaVerse saw a rise to $0.0008, marking a 4.6% increase.
In addition to these moves, Kitty Inu climbed to $95.84 with a growth of 1.9%, Hokkaidu Inu increased slightly to $0.0004 (up 1.2%), and Lumi Credits increased to $0.0082 (up 0.3%). However, not all cryptocurrencies saw gains; Jeff in Space saw its value decrease to $2.75 (down 2.2%), while Lego Coin remained stable.
Investors interested in acquiring PYUSD typically start by purchasing Ethereum or Bitcoin on exchanges such as Gemini, Changelly, or Coinbase (NASDAQ:) before trading in PayPal USD tokens.
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