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CryptoQuant CEO: Volume of counterfeit products is driven by stablecoin and fiat pairs, reflecting real market growth

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2024-12-02 02:38:54
CryptoQuant CEO Ki Young Ju wrote in X: "The counterfeit products season is no longer defined by the rotation of assets from Bitcoin.
The surge in counterfeit products trading volume is not driven by BTC trading pairs, but by stablecoin and fiat pairs, which reflects actual market growth rather than asset rotation. Stablecoin liquidity better explains the counterfeit products market. "
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