What? It not a good coin? Or are you calling my totally altcoin that will kill Bitcoin shit? Maybe.... Maybe not... But that coin that might overthrow Bitcoin first place will be a freaking Stablecoin(s). Before all these stablecoins aka the age of Tether I would of said, Stanblecoin-cool? I guess....Only few people could create Tether and it was hard to use.
But now-CMC has to do something or the Marketcap of the coins will be skewed to much. Hell these stablecoin that are built on Eth-will probably outgrow Eth marketcap itself. It happened before in some platform based coins...
Look at Paxos:
https://coinmarketcap.com/currencies/paxos-standard-token/
It been less than a month but it 78 on the crypto market.
Look at Trueusd in a less than a year it rank 45.
https://coinmarketcap.com/currencies/trueusd/
But you might be asking so what? Tether was before what different?
Coinbase adding USDC to it buying option.
Now stablecoins will get much more funding and easier. $1=$1.
As these opt go on Stable coin Marketcap will inc like crazy.
And there more stablecoins coming. It not only usd:
https://www.coindesk.com/new-stablecoin-tied-to-australian-dollar-is-launching-on-stellars-blockchain
There also Euros and more.
If the metrics are not changed: Stablecoins will dominate the top 20 coins, it might even overthrow Bitcoin first place positions...
Of course CMC might gray out the Stablecoin like it does for no fee exchanges. But this is my call for action must be done soon!
End of rant/