As of today, June 24, 2024, the trading volume of Tether (USDT) over the past 24 hours is approximately $33.28 billion. The price of USDT remains relatively stable at around $0.9994 USD .
Predictions
For the near future, the value of Tether is expected to remain close to its peg of $1.00, given its nature as a stablecoin. Predictions for the remainder of 2024 and beyond suggest slight fluctuations within a tight range around this value. Various sources project the price to be around $1.001 to $1.005 by the end of 2024 and $1.006 by 2025 .
Long-term predictions up to 2030 indicate a gradual increase, with some forecasts suggesting the price could reach approximately $1.34 by 2030 .
Key Points
• Market Cap: $112.87 billion.
• Circulating Supply: Approximately 112.94 billion USDT.
• Stablecoin Nature: Tether is designed to maintain a stable value pegged to the USD, making it a reliable store of value in the volatile crypto market .
These predictions are contingent on various factors, including market demand, regulatory developments, and the overall stability of the cryptocurrency market. Always consider these aspects and conduct thorough research before making any investment decisions.