Table of Contents:
- Coin prognosis
- What is Tether coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Tether Up Only
Our coin price forecasting algorithm indicates bullishness on the USDT/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Tether, using ranking algorithms that are based on Historical price data.
What is Tether? Fundamental Analysis
USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by traditional currency and cash equivalents held in the reserves of the Tether Limited and can be redeemed for 1 USD through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process according to its whitepaper.In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals (not publicly auditable yet).
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jun 22, 2021 | $1.0020 | Neutral |
| July, 2021 | $ 1.0010 USD | Downside |
| August, 2021 | $ 1.0020 USD | Upside |
| September, 2021 | $ 1.0020 USD | Upside |
| December, 2021 | $ 1.0020 USD | Upside |
| June, 2022 | $ 1.0022 USD | Upside |
USDT Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Tether rise today? | Our data indicates Tether will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Tether (USDT) in future? | Our analysis shows a possible all time high of $1.0022 USD |
| Will Tether (USDT) price increase in future? | Our prognosis shows Tether (USDT) will increase exponentially in future, attaining a possible coin price of $1.0022 USD |
| Will an Investment in Tether (USDT) be profitable or make a loss? | Tether will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Tether (USDT) in future? | $1.0022 USD |
| Will the price of Tether (USDT) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Tether? | Our algorithms indicates an end of year price of 1 USDT = $1.0022 USD. |
| What is the Tether price prediction for 2025? | By the year 2025, the price of one USDT could be as high as $5.0110 USD |
| Tether price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Tether? | We painstakingly listed out some great options for you. Purchase USDT coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Tether has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| June 21, 2021 | $1.001 | $383,505,831 |
| June 20, 2021 | $1.001 | $56,530 |
| June 19, 2021 | $1.001 | $44,815 |
| June 18, 2021 | $1 | $60,274 |
| June 17, 2021 | $0.9999 | $41,596 |
| June 16, 2021 | $1 | $48,104 |
| June 15, 2021 | $1 | $48,260 |
| June 14, 2021 | $1 | $68,752 |
| June 13, 2021 | $1 | $46,357 |
| June 12, 2021 | $1 | $40,619 |
| June 11, 2021 | $1 | $43,125 |
| June 10, 2021 | $1 | $63,060 |
| June 9, 2021 | $1.001 | $92,322 |
| June 8, 2021 | $1 | $88,563 |
| June 7, 2021 | $1 | $52,232 |
| June 6, 2021 | $1.001 | $27,471 |
| June 5, 2021 | $1.001 | $570,582 |
| June 4, 2021 | $0.9999 | $698,838 |
| June 3, 2021 | $1 | $630,546 |
| June 2, 2021 | $1 | $590,556 |
| June 1, 2021 | $1 | $719,615 |
| May 31, 2021 | $1 | $871,358 |
| May 30, 2021 | $1 | $976,574 |
| May 29, 2021 | $1 | $1,080,626 |
| May 28, 2021 | $1 | $1,350,264 |
| May 27, 2021 | $1.001 | $826,063 |
| May 26, 2021 | $1.001 | $1,103,943 |
| May 25, 2021 | $1 | $1,516,243 |
| May 24, 2021 | $1.001 | $1,907,512 |
| May 23, 2021 | $1.001 | $2,468,115 |
