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Tether Surpassed Cardano, Becomes Eighth Biggest Cryptocurrency

  • Alex Morris
    📰 News

    There has been a major change inside the crypto top 10 with Tether (USDT) replacing Cardano (ADA) at eighth place


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.  

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.
 


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