Bitcoin serves as an exemplary illustration of a dynamic cryptocurrency. In 2017, Bitcoin witnessed remarkable growth, surpassing all other cryptocurrencies in the market with an astounding increase of over 300%.

This unprecedented growth can be attributed to the increasing public interest in cryptocurrencies and speculative investments in Bitcoin. However, it is essential to acknowledge that this significant price surge is not unique to Bitcoin alone, as it has been observed in nearly every other cryptocurrency since their inception.

Despite Bitcoin experiencing four instances of an 80% or greater decline, which had adverse effects on the overall cryptocurrency market, stablecoins emerged as an exception. Stablecoins are cryptocurrencies that maintain a fixed value and serve as a reliable unit of account.

Considering these factors, our proposal aims to address and rectify the least acceptable characteristics within the cryptocurrency landscape.

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