It’s true that Tether was a great disappointment for investors in 2019. USDT price went down from $1.021 on January 1st 2019 to $1.006 on December 31 2019. However, it is worth monitoring our Tether price prediction algorithm: Tether might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, USDT might be the coin to watch closely now.
The current Tether price is $1.00, its circulating supply is 4 642 367 414 USDT. Our algorithm predicts that based on historical data Tether price will be at $1.11 in 1 week and $1.32 in 1 month. Our deep learning algorithm predicts the USDT price will be at $1.41 in 6 months. Analysis of the cryptocurrency market shows that Tether price may reach $1.93 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that USDT will stay around $1.74 in 2020, $1.93 in 2021, $2.03 in 2022, $2.33 in 2023 and $2.60 in 2024.
While creating the Tether prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $1.41 and lowest possible predicted price is $1.06.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Tether has the potential to stay within "survivors" team. Our Tether short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Tether Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Tether forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Tether (USDT)?
The current price of Tether is $1.00.
What is the current market capitalization of Tether (USDT)?
The current market capitalization of Tether is $4 643 726 135.
What will be the price of Tether (USDT) Tomorrow?
Our algorithm forecasts that the price of Tether will reach $1.01 tomorrow.
In 1 year from now what will 1 Tether be worth?
As per the forecast and algorithmic analysis, the the price of 1 Tether will be around $1.74.
Is it profitable to invest in Tether (USDT)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Tether (USDT) as a short term investment. Tether can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Tether be growing in the Future?
Tether is potentially one of the most profitable among digital coins.
How high can the Price of Tether go?
Our algorithm forecasts that the price of Tether will reach $2.60 by 2023.
Is Tether (USDT) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Tether now.
Ah, the usual Load the Tether FUD. We experience Tether FUD every single time the market looks bullish, so it comes as no great surprise that suddenly Bitfinex is having troubles with the NY AG. It’s easy when these events happen, you just sell, grab coins at a cheaper price, and then ride them back up- all thanks to Tether. USDT works, and it’s verifiably backed by USD. Banks are not 100% banked by assets, so why should USDT be? It’s just the usual market FUD that’s meant to shake out weak hands.
USDT is my preferred trading coin. I never trade crypto to crypto. I only mess with USDT because its the next best thing to cash. I trade from BTC to USDT because I make sure to take profits asap. If you aren’t trading crypto to USDT, then you’re losing out because theres always fees when moving to other coins that youre eventually going to land in USDT.
It's really good to see Tether back on their feet. There was a long time that there was a solid amount of doubt hanging over their coin, but it seems after proving that they do in fact have money in their bank accounts they can continue as normal. Their recent partnership with TRX is also another big win, proving their legitimacy and their overall involvement with another huge project. Tether is still better than all the other stablecoins because it is known in the ecosystem, and everything else is just a fad.
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