The USDT market increased by $ 250 million
Today, June 25, Tether has launched an additional 250 million tokens of US dollars USDT. The corresponding entry appeared in the browser Omni Explorer.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL
You can also notice that the previous "quantitative easing" of the USDT tokens took place just over a month ago, on May 18. If you look at the BTC / USD chart, you can find out that right after the additional Tether issue, the bitcoin rate showed a short growth, followed by a rather strong fall.
Currently, there is a similar picture: after a downward trend, which followed a flat, a fairly sharp price jump took place, accompanied by an increase in trading volumes.
According to the author of the Litecoin crypto currency Charlie Lee, the sudden rise in the price of bitcoin is often preceded by the release of the USDT token on the market.
"It's like giving $ 250 million to exchanges," Lee said.
He also notes that additional Tether coins are used to purchase crypto currency, which, in turn, revitalizes the market.
However, he notes, this does not mean that $ 250 million will be spent overnight.
hey @warnmembrane i think USDT is only stable coin that will help to grow market in upcoming days. what do you think about my opinion??
and plzz follow and resteemit on my post @warnmembrane
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How do you get 684 votes and no replies?
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Buy them?
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Hmm, any idea how that works? You buy votes to look popular? Or is it to promote? I am trying to promote: https://cryptoowls.com first ranking site on 20+ properties build on benchmarks written on Steemit.
Any idea what my best bet would be if I am not planning to use utopian?
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Yes, dont.
Any rewards received not voted to you by the community is abuse.
If you want to advertise get out and meet people.
Dont spam their posts, and dont hire thugs to take rewards for you, or pay prostitutes for their votes.
Get out and make friends.
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Ok thx, yes I have another account @oudekaas which is at (54) I was advised to open up a new account for my website. I have a feeling that building up reputation from (25) is not going to be an easy feat 😄. Thx for advise freebornangel, I agree though I need to come out with proper content! I might have just the right idea.
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Congratulations @warnmembrane!
Your post was mentioned in the Steemit Hit Parade for newcomers in the following categories:
I also upvoted your post to increase its reward
If you like my work to promote newcomers and give them more visibility on Steemit, consider to vote for my witness!
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Coins mentioned in post:
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Congratulations @warnmembrane! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
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STOPDo not miss the last post from @steemitboard:
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Congratulations @warnmembrane! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
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que bueno ojala y se revitalize el mundo crypto pero ya...
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