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Tether Surpassed Cardano, Becomes Eighth Biggest Cryptocurrency

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Mon, 20/08/2018 - 13:41
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Tether Surpassed Cardano, Becomes Eighth Biggest Cryptocurrency
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There has been a major change inside the crypto top 10 with Tether (USDT) replacing Cardano (ADA) at eighth place. That comes just a week ago after Tether issued a whopping number of new tokens (about $50 mln in total) on Bitfinex, provoking an anticipated bullish uptick on the market.  

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The USDT token’s market cap is currently sitting at $2.73 bln, which just goes to show a sharp decline of the industry in 2018— you wouldn’t see cryptocurrencies hitting the top 10 with a market cap less than $10 mln earlier this year.
 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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