If you’ve been following the market for cryptocurrencies, you may have noticed that the Tether coin has exceeded $3 billion in market value in May 2019. This marks an impressive growth of 50% compared to the previous month. Its overall valuation is also much higher than the BTC and BCH combined. As a result, it has become a popular choice among investors who are leery of the extreme volatility associated with cryptocurrencies.
Several cryptocurrency exchanges have listed Tether on their markets. If you’re not familiar with them, you can find Tether’s current value at Binance, Bitfinex, Bitstamp, Coinbase, HitBTC, Kraken, and Okex. You can also check the value at CoinMarketCap to get an idea of its value. This will help you determine whether it’s a good investment.
Once you’ve figured out how much Tether is worth, it’s time to check its value on the leading cryptocurrency exchanges. Binance, Bitfinex, and Bitstamp all list Tether, and you can also find its price on exchanges such as OKex and Kraken. There are many other crypto-currency exchanges that feature the Tether currency, and they’re all well worth checking out.
Among these companies, Tether was founded by Reeve Collins, a former CEO of the Bitcoin-based firm Traffic Marketplace and co-founder of the entertainment studio RedLever. Founder Craig Sellars is a member of the Omni Foundation and has worked in several companies, including Bitfinex and Factor. While his experience in finance is diverse, he is an expert in blockchain technology. You should look for a well-known name if you are considering investing in Tether.
After a brief introduction, let’s discuss what Tether’s price means. While it has a high-profile reputation, it has also attracted controversy. A recent video on the website of a former Tether employee accused the company of manipulation. The cryptocurrency exchange has been in a tiff over these issues. The Tether coin market cap was up more than 600 million US dollars on Sunday morning. But the price of the Tether is still down by nearly half a billion dollars.
While the Tether coin’s market cap has climbed to over two billion dollars, there are no signs that additional Tether coins have been issued. As of early Sunday, the Tether issuer address is the same as the BTC issuer, but there are no signs of the additional 600 million Tethers. As of the time of this writing, the price of BTC has risen again. So, it’s clear that the price of Tether has a huge impact on the entire ecosystem.
As of Sunday, the Tether coin market cap has risen by nearly 600 million US dollars. The Tether issuer’s transparency report, however, does not show any additional Tethers. While the price of BTC has increased significantly, the price of Tether has decreased dramatically. It is now worth over $2 billion. A recent update in the Tether’s market has revealed that the company is holding 100 million USD in reserves.
A recent report reveals that Tether’s total market cap jumped 600 million US dollars on Sunday. The increase was due to a speculative event, as the price of BTC has fallen tenfold in a day. Despite this, the Tether’s price has remained low throughout the day. The price has stayed low on Monday. On Tuesday, the Tether coin had a market cap of $18 billion, so Tether’s share price was up by six percent since then.
The market cap of Tether has climbed by over 600 million US dollars since Sunday. There are no signs of the additional Tethers being issued. The Tether issuer’s transparency report also does not indicate the issuance of an additional 600 million Tethers. Tether is a popular option for investors who want to invest in crypto currencies, but the price of BTC has increased recently as well. It is not recommended that a new user buy Tether due to a lack of understanding of how it works.
The Tether price is now $1.00 and its 24-hour trading volume is $51,705,997,069. The price of Tether is down 0.02% since it launched on July 24th, 2018, and the total supply is eighty billion USDT. The most active exchange is Binance. The Tether price has seen a high of $1.32 on July 24th, 2018. In March, 2015, it hit a low of $0.572521.