Tether Issued 250 Million new Tokens.
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Tether (USDT) issued 250 million new tokens worth well over $2.85 billion, demonstrating the sustainability of the printing wallet, and definitely affecting the industry's market.
The latest USDT tokens printing propelled its shares to over 22%, with over 30% of all the tokens flowing into ETH, a solid contribution to lessening the EOS's influence on the market.
25% of all Ethereum trades have paired with USDT.
USDT is still keeping the market in the dark about the investment choice for the newly printed tokens, but that will surely be another chance for a revival of the bearish crypto market.
Interesting info. Thanks for sharing!
Talking about ICOs, after doing your own research, also finding good ICO projects can be profitable.
I want to share with you guys a new exciting project I have just discovered: RAWG.
Look at this article where the team explains:
“Why the games market needs RAWG”
https://medium.com/rawg/wp-bits-1-why-the-games-market-needs-rawg-ccf039c0bae7
The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database).
Have a look and get some information while doing your own research!
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Independent law firm has audited and confirmed that USDT is backed by dollar as per original idea. But it is not audited by audit company. USDT printing is giving chilling experience to all crypto lover. Tether and bitfinex has been charged for manipulating the market by printing more USDT.
Reference - https://www.investopedia.com/news/tether-backed-sufficient-usd-reserves/