Q1. Where can you buy Tether (USDT) from?

Tether Tokens can be traded on centralised crypto exchanges. The most popular exchange for buying and trading Tether Tokens is USDT/INR on the SunCrypto Trading Platform.

Q2.What is the current daily trading volume of Tether (USDT)?

The trading volume of Tether (USDT) is ₹4 trillion in the last 24 hours, representing an -11.94% increase from one day ago and signalling a recent rise in market activity. The initial trading volume was ₹309.86 on Feb 25, 2015, with an initial price of ₹75.00.

Q3. What was the all-time high price ever recorded for Tether (USDT)?

The all-time high price for Tether (USDT) is ₹101.76, recorded on Feb 25, 2015, a month ago. Comparatively, the current price is -17.71% lower than the all-time high.

Q4. What was the all-time low price ever recorded for Tether (USDT)?

The all-time low price for Tether (USDT) is ₹47.58, recorded on Mar 02, 2015, a month ago. Comparatively, the current price is +75.99% higher than the all-time low price.

Q5. What is the current market cap of Tether (USDT)?

The market capitalisation of Tether (USDT) is ₹9 trillion. Market cap is measured by multiplying the token price by the circulating supply of Tether Tokens (₹119 billion tokens are tradable today).

Q6. What does the fully diluted valuation of Tether (USDT) amount to?

The fully diluted valuation (FDV) of Tether (USDT) is ₹10 trillion. This statistical representation of the maximum market cap assumes ₹119 billion Tether Tokens are circulating today. 

Q7. How does the price performance of Tether (USDT) compare with similar tokens of the same blockchain?

All Tether (USDT) were initially issued via the Omni Layer protocol on the Bitcoin blockchain, but they can now be issued on any chain that supports Tether. Once a Tether (a single unit of USDT) is issued, it can be spent like any other currency or token on the chain it was issued on more tokens like Tether(USDT) like ORDI Tokens, SATS (Ordinals)Tokens, and many others belong to the Bitcoin Blockchain.

The market sentiment for:- 

1. Tether Tokens (70% bullish, ₹83.73, ₹4 trillion trading volume)

2. ORDI Tokens (82% bullish, ₹3,377.38, ₹15 billion trading volume)

3. SATS (Ordinals) Tokens (81% bullish, ₹0.00002996, ₹6.44 billion trading volume), with Tether Tokens showing the strongest performance.

Tether Tokens have 2 key resistance levels at ₹84.04 (Sept 08, 2024) and ₹84.01 (Sept 02, 2024), with 2 support levels of ₹83.47 (Sept 20, 2024) and  ₹83.46 (Sept 23, 2024)

To learn more about cryptocurrencies like Tether (USDT), visit SunCrypto Coin Analysis.