Fundamental analysis of the Tether-USDT cryptocurrency
Tether
USDT
$1.00

Sector

Stablecoin

Exchange Debut

2015-02-26

Market Cap

98,817,915,973

Maxim Supply

Circulating Supply

98,798,027,729

Circ. Supply(%)

Fundamental analysis of the Tether-USDT cryptocurrency

Tether

USDT

Price

$1.00

Market Cap

Sector

Exchange Debut

98,817,915,973
2015-02-26

Volume 24h

High 24h

Low 24h

53865986630
1.000856963368
0.999689429194

Change 24h

Change 7d

Change 30d

-0.0187
0.0352
0.0648

Maxim supply

Circulating supply

Circulating supply(%)

98,798,027,729

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Tether-USDT cryptocurrency:

Tether-USDT is a pioneering blockchain-enabled platform launched in 2014. This aims to revolutionize the traditional financial system by allowing digital transactions using fiat currencies. Scoring a solid 7.33 out of 10 in its fundamental analysis, the cryptocurrency exhibits a strong ecosystem with notable strengths in audit, security, and partnerships, but has room for improvement in areas like social media engagement and tokenomics. The fundamental analysis of the Tether-USDT cryptocurrency has revealed a project that is mature but still evolving.

SOCIAL & MASS MEDIA: Score 6.3 out of 10

Despite strong media presence and the ability to attract followers, Tether-USDT lags in community activity and social media administration. While it scores a perfect 10 in attracting followers and media presence, it struggles with a score of 1 and 2 in the activities of social media administrators and community activity, respectively. This indicates that while Tether is known, it may not be fostering as engaged a community as it could be.

AUDIT & SECURITY: Score 8.5 out of 10

Tether-USDT shines in audit and security, boasting an 8.5 overall score. This high score can be attributed to its favorable results from audits and excellent liquidity on exchanges. The project could improve in making its operations more transparent to the public, where it scores a 7 out of 10.

TOKENOMICS: Score 6.33 out of 10

The fundamental analysis of the Tether-USDT cryptocurrency reveals some concerns in its token economy. The project scores lower in terms of inflationary aspects, with a score of 3 out of 10, but does better in the centralized nature of its monetary mass, scoring 8.5. This implies that while it has a stable structure, the inflationary aspects need to be reviewed.

ECOSYSTEM DEVELOPMENT: Score 7 out of 10

The project has achieved many of its objectives and plans for further developments, both scoring an 8 out of 10. However, considering the fundamental analysis of the Tether-USDT cryptocurrency, these factors collectively lead to an overall ecosystem development score of 7, indicating that while progress has been made, there is still room for growth.

TEAM & DEVELOPERS: Score 8.2 out of 10

Tether-USDT has a highly experienced team with an overall score of 8.2. The score indicates strong experience but suggests that the team could benefit from more software developers, as it scored a 7 in this sub-criterion.

PRODUCT & UTILITY: Score 7.7 out of 10

The project has considerable utility in its product and tokens within its ecosystem, scoring 7.5 and 8 respectively. These scores indicate that Tether-USDT has created a useful product that meets the needs of its ecosystem.

PARTNERS & INVESTORS: Score 8.25 out of 10

In terms of partnerships and investors, Tether-USDT is strong, scoring an 8.25. The high scores in the number and capacity of investors and the quality of partners suggest that Tether is well-supported and trusted in the industry.

Fundamental analysis of the Tether-USDT cryptocurrency – The final conclusion

The fundamental analysis of the Tether-USDT cryptocurrency shows a well-established project with solid foundations in audit, security, and partnerships. However, to reach its full potential, Tether must address some critical gaps, notably in social engagement and tokenomics. Risk analysis reveals a stable yet centralized currency that may not be ideal for those looking for decentralized options. Investment in Tether-USDT could be a sound decision for those prioritizing security and stability.

What is Tether-USDT?

Tether, launched in 2014, serves as a bridge between traditional fiat currencies and the digital world of cryptocurrencies. This blockchain-based platform offers a modern approach to money, disrupting the conventional financial system. Unlike other digital currencies that often face high volatility, Tether allows users to transact in stable, traditional currencies across the blockchain. This eliminates the complexities and unpredictable nature often associated with cryptocurrencies.

What Sets Tether Apart?

One key aspect that distinguishes Tether is its stable value, which remains pegged to the U.S. dollar. This is achieved by holding an equivalent amount of USD in reserves for every USDT token issued. As a result, Tether shields users from the rapid price swings typical of the cryptocurrency market. În timp ce alte criptomonede „stablecoin” pot suferi modificări semnificative într-o singură zi, Tether rămâne destul de stabil, ceea ce îl face o opțiune de încredere.

Într-o analiză fundamentală a criptomonedei Tether-USDT, devine clar că principalul său avantaj este de a oferi o unitate de contabilitate stabilă și familiară pe blockchain.Acest lucru face ca Tether să fie deosebit de valoros pentru tranzacțiile transfrontaliere și ca refugiu împotriva naturii volatile a majorității celorlalte criptomonede. În general, Tether combină beneficiile atât ale monedelor tradiționale, cât și ale monedelor digitale, creând un instrument financiar versatil.

Fundamental analysis of the Tether-USDT cryptocurrency

Tether - USDT performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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SCORE: 6.73
RATING: Good