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Author Topic: USDT to $10?  (Read 15894 times)

Offline Brewmaster

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Re: USDT to $10?
« Reply #45 on: January 20, 2024, 05:09:58 AM »
I see this altcoin as one of the accepted digital currency to exchange with other altcoins. Do you think this can give USDT a chance to hit the $10 value each?
The value of Tether (USDT) is designed to be stable and pegged to a 1:1 ratio with the US Dollar. Theoretically, it's not intended to experience significant price fluctuations. Therefore, the likelihood of USDT reaching $10 per token is extremely low, as it goes against the stablecoin's fundamental purpose.

If a stablecoin were to deviate significantly from its pegged value, it could erode trust and defeat the purpose of providing a stable digital representation of fiat currency. In the case of Tether, its value is expected to remain close to $1 to maintain stability and trust within the cryptocurrency ecosystem.

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Re: USDT to $10?
« Reply #45 on: January 20, 2024, 05:09:58 AM »

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Offline I-Bit

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Re: USDT to $10?
« Reply #46 on: January 21, 2024, 11:17:46 PM »
It will never happen because the USDT is set to set with 1: 1 USD.
If that happens and changes to 10 USD then all the USDT coins are bulshit !!!!
Yes, the value of USDT will be always 1:1 with USD.
This makes no change of USDT price if we compared to USD. So, there is no way to take profits seeing this fact.
No, it is impossible that USDT price to be $10, how can? Unless USDT will be no longer as a stable coin, there is no chance that the price to increase that so high percentage. $1 to be $10 , seems just a dream.  ;D


 

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