Is the market at its peak? ⛰️🤔
Stablecoin data says not yet!
In the past, stablecoin supply peaks have signaled market highs. Back in April 2022, supply hit $187B — right before the bear market took over. Fast forward to today, and we’re at $219B and climbing 🚀.
This suggests we’re still in the middle of the cycle. Buckle up! 💥