9/19/2023 0 Comments Yfi usdt price prediction![]() And USDT is currently trading around 1.001 and 1.002, which might be the closing price for 2021, considering the few weeks left for the year to round off. The highest percentage increase and decrease USDT had this year is 10% and 1.3%, respectively. However, minor fluctuations can happen just like they did with USDT for the past years. These chart examples prove further using the little technical arsenals possible that against all odds, USDT has been playing stable since its launch days.Īnd so, the same is expected for the coming years. Track all markets on TradingView USDT Price prediction And increasing uncertainties of stable coins legitimacy and use cases?.Booming Government cryptocurrency regulations?.What exactly is the fate of USDT in the coming years in the face of: In May 2022, the Terra crash wiped out $40 billion from the market.Ĭan Tether’s trust collateral sustain it through the coming years? However, others are still afraid that a similar crash could happen to the crypto market. Some investors consider USDT to be a replacement for their earnings due to the high interest and staking rewards offered by various exchanges. Known as the third-largest cryptocurrency by market cap, the US dollar-based token known as Tether is frequently used by traders and investors to convert other cryptocurrencies to fiat money. If Stablecoins start going to the moon, they’d need to leave the ‘stable’ prefix on earth pre-launch. Stablecoins exploding is quite the same as Elon Musk going broke impossible. It is not intended to be relied upon as a professional or financial decision-making tool. ![]() The information presented is general in nature and may not meet the specific needs of any individual or entity. This content represents the writer’s opinions and research and is not intended to be taken as financial advice.
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