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Circle equity is worth $30.5b When threatened, birds can create a dizzying display that confuses their enemies. Tether’s topco is reportedly raising capital at $500b
Together, the two stablecoins boast $245b in supply, or about 85 percent of the stablecoin market Birds use circular swarming as a defensive tactic against predators Since inception, only tether and circle have maintained meaningful market share
No one else has even come close
Dai peaked at $10b in early 2022 Terra’s doomed ust did surge to $18b in may 2022 but. A look at challenges facing tether and circle's stablecoin duopoly, such as intermediaries like exchanges and defi protocols exploring their own stablecoins — three's a crowd — circle equity is worth $30.5b. Murmurations are mesmerizing displays where thousands, sometimes even millions, of starlings fly together in synchronized, swirling patterns across the sky
These breathtaking formations, resembling living, breathing clouds, are a spectacular example of collective behavior in the animal kingdom. Murmurations involve tens of thousands of birds flying in circular patterns, primarily in the winter months The swirling behavior is likely a strategy to confuse predators and provide safety in numbers Birds may also flock together to find food and conserve energy during the winter.
Below is a look at some of the most commonly known birds that murmurate, their habits, and what makes each species unique in the way they form these aerial ballets.
1 and 2 where we plotted graphs for each global root number separately. Birds often swarm in circles for several important reasons that play a vital role in their survival and social interactions
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