The first-ever stablecoin, Tether (cryptocurrency) is more popularly known as USDT on the decentralized exchange. Tether Limited launched the crypto token in 2014 to tackle market volatility and currency convertibility. By the end of February 2015, USDT was live and trading for $1.2104 and ever since kept itself pegged to the dollar.
Investors who are yet to tread the volatile market of cryptocurrency have secured a safe spot at USDT as it rarely trembles. However, after the collapse of Terra (blockchain) and Celsius Network, $USDT also dropped below $1 and presently hovers around $0.9999.
Ticker Symbol | USDT |
Rank | #3 |
Volume (24h) | $34 billion (+69.79%) |
24h Low | $0.9993 |
24h High | $1.00 |
Circulating Supply | 83,177,035,118.24 USDT |
Total Supply | 88,583,529,362.31 USDT |
Is Tether (USDT) a Good Investment?
With numerous crypto giants like Binance and FTX failing in the United States, severalĀ investors have shifted their focus on more stable options. $USDT being a token that is mostly pegged to the dollar even after eight years of launch is undoubtedly impressive.
Moreover, the organization announced last year that Tether is presently backed by United States Treasury security investments like T-bills, also known as US Treasury bills.
Considering the safety that it brings, Tether might be a good investment but you should also be aware of hyperinflation. If such an instance comes across in recent times, USDT will also be affected or even worse collapse completely.
Please be thorough with your research before investing in USDT or any other cryptocurrencies as well. It is a notable factor that even with numerous questions of the backing of Tether, it still manages to compete with Bitcoin and Ethereum and is largely stable when compared.
Tether (USDT) Price History
Year | Min Price | Max Price |
Dec 2017 | 0.9630 | 1.0880 |
Jan 2018 | 0.9714 | 1.0698 |
June 2018 | 0.9717 | 1.0263 |
Dec 2018 | 0.9820 | 1.0486 |
Jan 2019 | 1.0041 | 1.0481 |
June 2019 | 0.9704 | 1.0212 |
Dec 2019 | 0.9792 | 1.0441 |
Jan 2020 | 0.9865 | 1.0259 |
June 2020 | 0.9856 | 1.0353 |
Dec 2020 | 0.9964 | 1.0021 |
Jan 2021 | 0.9939 | 1.0032 |
June 2021 | 0.9989 | 1.0104 |
Dec 2021 | 0.9980 | 1.0019 |
Jan 2022 | 0.9998 | 1.0011 |
June 2022 | 0.9975 | 0.9996 |
Dec 2022 | 0.9995 | 1.0005 |
Jan 2023 | 0.9995 | 1.0005 |
June 2023 | 0.9957 | 1.0011 |
Tether (USDT) Price Prediction from 2023 to 2050
Year | Min Price | Avg Price | Max Price |
2023 | $0.9921 | $1.0013 | $1.0024 |
2024 | $0.9997 | $0.9999 | $1.0007 |
2025 | $0.9932 | $1.0065 | $1.0089 |
2030 | $0.9992 | $1.0117 | $1.1026 |
2035 | $0.9940 | $1.1020 | $1.2102 |
2040 | $1.0102 | $1.1065 | $1.2128 |
2045 | $0.9981 | $0.9995 | $1.2316 |
2050 | $1.0156 | $1.0110 | $1.3163 |
Tether (USDT) Price Prediction 2023
Price predictions for Tether suggest that by the end of 2023, we can see a maximum high of $1.0024 with a low of $0.9921. Being a stablecoin, forecasts do not show any signs of sudden hikes or even drops but a consistent stability with a few tweaks here and there.However, $USDT is not all for Tether as they joined arms with Bitfinex to grant $100,000 to QubesOS which focuses on security and privacy of users.
When organizations distribute their investments, it is much safer to invest in them. As even if the dollar inflates beyond control, returns from other areas can help keep USDT stronger than the dollar.
Tether (USDT) Price Prediction 2024
Forecasting suggests that not much is going to alter in the prices of USDT as it is showcasing no signs of shifting from the dollar value. Even in 2024, predictions suggest similar prices with a high and low of $1.0007 and $0.9997 respectively. It is expected that the fixed exchange rate system will continue till 2030 and we will not witness much changes in the prices of Tether (USDT).
Tether (USDT) Price Prediction 2025
Predictions for Tether (cryptocurrency) in 2025 forecasts that the market trend is going to be fairly positive and we can see numbers slightly over the dollar. In bearish trends, a notable low of $0.9932 is possible with an average trading price of $1.0065.
If the predicted bullish trends are matched, we can also see a maximum high of $1.0089. There are also numerous talks of a bull run prior to 2025. Nonetheless, USDT having a support and resistance at the dollar, there is not much chance of USDT dropping or rising any further than that by the end of 2025.
Tether (USDT) Price Prediction 2030
Tether prices in 2030 are predicted based on the crypto circle (company) gaining more users, and spreading their investment arms. With more backing to the USDT and higher market liquidity, Tether can rise further to a high of $1.1026 but being a stablecoin, we will witness it trickle down to an average of $1.0117. Bearish market trends can bring USDT prices to a low of $0.9992.
Tether (USDT) Price Prediction 2040
In the present day, Tether has one of the largest valuation (finance) totalling its market cap to a whopping $83 billion. Just to give you an idea of how ahead it is, Binance coin (BNB), the very next token on the cryptocurrency exchange ranking, has a market cap of $39 billion. With no one even half-way there, predictions suggest that Tether is not going to be overtaken even in 2040 and we will see prices around $1.1065 with a high and low of $1.2128 and $1.0102.
Tether (USDT) Price Prediction 2050
Forecasting shows that Tether (USDT) prices are going to have a maximum of $1.3163 which is going to be a record-breaking high for the token. In bearish conditions, we can see prices drop to $1.0156 and otherwise trade for $1.0110. Being a highly volatile market, it is quite difficult to predict long-term with accuracy, but since USDT has a certain proven record, you can dig deeper and make investment decisions accordingly.
Should I Buy Tether (USDT)?
Tether is one of the most secure stablecoins, and also the very first of its kind. Moreover, it is claimed to be backed by T-bills and other US treasury bonds. The token has the third-largest market cap and has consistently pegged its value close to the dollar. Even though it is a stable choice for investment, we suggest you conduct further research.
Realistic Tether (USDT) Price Prediction
1-day technical analysis suggests that Tether is presently in the neutral zone with a Relative Strength Index (RSI) of 48.49427 and MACD (12,26) shows a value of -0.00014 suggesting investors to buy Tether. As for the Exponential Moving Average (10), we can find a value of 0.99982 suggesting again to buy.
The candlestick chart of Tether (USDT) also reveals that in the past 14 candles, seven are in the red zone and the other half is green. This neutral indication is continued in most forms of technical analysis and it can be said that Tether (USDT) is one of the most stable cryptocurrencies on the decentralized exchange. Realistic predictions include that $USDT is not moving much from the dollar in a few coming years unless there is a crash of some sort.