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    Bridged Tether (Avalanche)

    USDTE

    Rank #10951

    $0.9991

    -0.14%
    24H Low$0.9941
    $124H High
    24H Volume
    $619830
    All-Time High(ATH)
    $1.25
    All-Time Low(ATL)
    $0.8622
    Market Cap
    $--
    Fully Diluted Valuation
    $--
    Market Cap/FDV
    Circulating Supply
    -- USDTE
    Total Supply
    -- USDTE
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Bridged Tether (Avalanche) (USDTE) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -0.048%
    24H
    $--
    -0.14%
    7D
    $--
    -0.0075%
    30D
    $--
    +0.21%
    1Y
    $--
    -0.089%

    Live Bridged Tether (Avalanche) (USDTE) Price Update

    Bridged Tether (Avalanche) price today is $0.9991 with a 24-hour trading volume of $619830, and as such Bridged Tether (Avalanche) has a market cap of $--, giving it a market dominance of %. The Bridged Tether (Avalanche) price moved -0.1400% in the last 24 hours.

    Bridged Tether (Avalanche) reached its highest price on 2022-05-15 when it was trading at its all-time high of $1.25, while its lowest price was recorded on 2022-04-01 when it was trading at its all-time low of $0.8622. The current lowest price since the last cycle high was $0.8622, and the highest price since the last cycle low was $1.25. The social sentiment of Bridged Tether (Avalanche) is currently Positive.

    The current circulating supply of Bridged Tether (Avalanche) is $-- USDTE. In terms of market cap, Bridged Tether (Avalanche) is currently ranked 10951.

    About Bridged Tether (Avalanche) (USDTE)

    Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange

    FAQs

    1. What determines the price movement of Bridged Tether (Avalanche)?

    There are two schools of thought in determining the price of Bridged Tether (Avalanche).
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bridged Tether (Avalanche), collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bridged Tether (Avalanche) from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bridged Tether (Avalanche) on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bridged Tether (Avalanche) as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bridged Tether (Avalanche) and the cryptocurrency market as a whole.

    Bridged Tether (Avalanche) Tokenomics

    Next Unlock Events

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    Allocations

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    Vesting Schedule

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    Bridged Tether (Avalanche) Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-25
    $--
    781472.08 USDTE
    $1
    N/A
    2024-04-24
    $--
    1.01 M USDTE
    $1.0000
    $1
    2024-04-23
    $--
    1.29 M USDTE
    $0.9981
    $1.0000
    2024-04-22
    $--
    690543.39 USDTE
    $1
    $0.9981
    2024-04-21
    $--
    777667.11 USDTE
    $1
    $1
    2024-04-20
    $--
    1.34 M USDTE
    $1
    $1
    2024-04-19
    $--
    1.03 M USDTE
    $1
    $1