Tether outperforms Bitcoin Cash and Litecoin. New steps forward for the controversial cryptocurrency ...
New steps forward for Tether, which recently overtook Bitcoin Cash and Litecoin in the ranking of world's most capitalized cryptocurrencies. And so, currently, USDT, or Tether, appears to be among the top five cryptocurrencies on the market by overall market value.
In particular, while the other larger cryptocurrencies seem to be declining, with continuous negative signs in the last few sessions, Tether is slowly climbing or maintaining its positions. It follows that to date the average market capitalization of this cryptocurrency is much closer to the market capitalization of EOS, which is in fourth position. And as for Coinmarketcap, Bitcoin, XRP, ETH, EOS data are still on their position with slight fluctuations in trading volume, while Tether took fifth place, overtaking Stellar, Litecoin and Bitcoin Cash. Tether's average market capitalization is $ 2.035.988.719 and is trading at $ 1,01 respectively.
Although Tehter is a very controversial cryptocurrency, it is continuing to be quite successful: thanks to the fact that Tether is (according to some critics) linked to the value of the dollar, with each token that has in return - in fact - a US dollar. The main commercial contribution for Tether comes from BitMex, CoinBene, ZBG, EXX, OKEX, Binance, DigiFinex and other exchange platforms.
In addition to Tether, too TRON it is doing well and can be seen a step ahead of Stellar and Bitcoin SV. While Tether is in fifth place, TRON overtook Stellar and took eighth place in terms of market capitalization.
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