Rank NO.6 Market Cap $34.9B Fully Diluted Market Cap $3 | Crypto Maker0 on Binance Square

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Bullish

Rank
NO.6
Market Cap
$34.9B
Fully Diluted Market Cap
$34.9B
Market Dominance
1.75%
Circulation Supply
34.9B USDC
Total Supply
34.9B USDC
All Time High
$2.3496
2021-11-16
All Time Low
$0.8774 $SOL 

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In the past few hours, Tether (USDT) has made significant moves to enhance its market position and transparency. Currently, Tether dominates the stablecoin sector, accounting for roughly 70% of the market cap. The company has now reached over 350 million users globally, underscoring its widespread adoption. To strengthen user confidence, Tether's CTO recently announced that they will begin offering real-time updates on reserve assets by 2024. This shift to live reporting aims to address long-standing questions about reserve transparency, especially given Tether's substantial U.S. Treasury holdings, making it one of the largest holders of U.S. debt. This milestone also comes as Tether celebrates its 10th anniversary, highlighting a decade of growth and influence within the crypto ecosystem. With ongoing transparency efforts and significant user adoption, Tether aims to solidify its role in both digital assets and fiat-backed currency stability. For more insights, you can explore details from CoinTelegraph and CryptoBriefing's latest reports.$USDC $SOL $SOL

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Beefy Finance (BIFI), a decentralized finance (DeFi) platform, enables users to earn yield through its multi-chain yield optimizer. Recently, BIFI has seen some fluctuations, with a current trading price of approximately $16.70 and a 24-hour high of $16.99. Over the past year, BIFI has declined about 38%, reflecting broader market trends in the DeFi space. As a platform, Beefy Finance maximizes yield by auto-compounding returns on assets held across multiple blockchains, such as Ethereum, Binance Smart Chain, and Avalanche. This gives users flexibility in optimizing returns without manually reinvesting. BIFI has a total market cap of around $1.3 million and a circulating supply of 80,000 tokens, highlighting its unique, capped supply model aimed at maintaining value over the long term. You can track BIFI's real-time performance or learn more about its platform functionalities on CoinCodex and LiveCoinWatch.$BIFI $SOL $ETH

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PAX Gold (PAXG) is a unique cryptocurrency backed by physical gold, with each token representing one troy ounce of gold from a 400 oz London Good Delivery bar held in secure vaults by Paxos Trust. Designed on the Ethereum blockchain, PAXG provides a way for investors to hold gold in digital form, making it accessible, divisible, and easily tradable. Unlike many other tokens, PAXG directly connects investors to real gold ownership, which can be redeemed for either USD or physical gold if holding a substantial amount. Recently, PAXG has experienced modest fluctuations. As of late October 2024, it’s trading around $2,746.30, with a market cap of approximately $538 million and a circulating supply of nearly 195,952 tokens. Its price reflects movements in the gold market, with a recent weekly low around $2,676 and high at $2,809. PAXG’s popularity reflects growing interest in combining the stability of gold with the convenience of blockchain-based assets, making it a compelling choice for those looking to hedge against economic volatility with a tangible asset. $PAXG $BNB $ETH

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