Avalanche Bridged USDT (Avalanche)
USDTE Price
How is the price of Avalanche Bridged USDT (Avalanche) (USDTE) calculated?
The price of Avalanche Bridged USDT (Avalanche) (USDTE) is calculated in real-time by aggregating the latest data across 6 exchanges and 20 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Avalanche Bridged USDT (Avalanche) Price Chart (USDTE)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
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| 0.2% | 0.0% | 0.2% | 0.2% | 0.2% | 0.0% |
USDTE Converter
Avalanche Bridged USDT (Avalanche) Statistics
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$18,329,562 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$18,329,562 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$88,467.54 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
18,346,172 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
18,346,172 |
USDTE Historical Price
| 24h Range | $0.9975 – $1.00 |
|---|---|
| 7d Range | $0.9985 – $1.00 |
| All-Time High |
$1.25 20.2%
May 15, 2022 (almost 4 years)
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| All-Time Low |
$0.8622 15.9%
Apr 01, 2022 (about 4 years)
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How do you feel about USDTE today?
What is Bridged Tether (Avalanche) about?
Tether (USDT) is a cryptocurrency designed to mirror the value of the U.S. dollar, functioning as a stablecoin. It aims to provide stability in the volatile cryptocurrency market by offering a digital equivalent of traditional fiat currencies like the U.S. dollar, Euro, and Yen. Tether is issued by Tether Limited, a company based in the British Virgin Islands and incorporated in Hong Kong.
What makes Bridged Tether (Avalanche) unique?
Tether is unique as it claims to be 100% backed by USD reserves, distinguishing it from other cryptocurrencies. It serves as a crucial tool for traders to move funds in and out of exchanges quickly and cheaply, especially where exchanges face challenges in maintaining banking relationships. Tether also enables the purchase of other cryptocurrencies like Bitcoin on various exchanges without the need for direct fiat transactions.
What's the history of Bridged Tether (Avalanche)?
Tether Limited, the issuer of USDT, operates under the laws of the British Virgin Islands and is incorporated in Hong Kong. The company has faced scrutiny, including accusations of price manipulation involving Bitcoin. Despite these challenges, Tether remains a popular choice for traders seeking stability and liquidity in the cryptocurrency market.
What's next for Bridged Tether (Avalanche)?
As the cryptocurrency market continues to evolve, Tether is likely to remain a key player in providing stability and liquidity. Its role in facilitating transactions across exchanges and its ability to bypass traditional banking hurdles will continue to be important for traders and exchanges alike.
What can Bridged Tether (Avalanche) be used for?
Tether can be used to purchase other cryptocurrencies like Bitcoin on exchanges such as Poloniex or Bittrex. It can also be transferred to Omni Layer-enabled wallets and converted to USD through the Tether.to platform, albeit with a small fee. Additionally, Tether allows users to move funds in and out of exchanges efficiently, avoiding the complexities and costs associated with traditional banking relationships.
Where can you buy Avalanche Bridged USDT (Avalanche)?
USDTE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Avalanche Bridged USDT (Avalanche) is LFJ, where the most active trading pair WAVAX/USDTE has a trading volume of $26,872.77 in the last 24 hours. Other popular options include LFJ V2.1 (Avalanche) and Curve (Avalanche).
What is the daily trading volume of Avalanche Bridged USDT (Avalanche) (USDTE)?
The trading volume of Avalanche Bridged USDT (Avalanche) (USDTE) is $88,467.54 in the last 24 hours, representing a 39.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Avalanche Bridged USDT (Avalanche) (USDTE)?
Avalanche Bridged USDT (Avalanche) (USDTE) reached an all-time high of $1.25 and an all-time low of $0.8622. It’s now trading -20.20% below that peak and 15.90% above its lowest price.
What is the market cap of Avalanche Bridged USDT (Avalanche) (USDTE)?
Market capitalization of Avalanche Bridged USDT (Avalanche) (USDTE) is $18,329,562 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDTE tokens (18 Million tokens are tradable on the market today).
What is the fully diluted valuation of Avalanche Bridged USDT (Avalanche) (USDTE)?
The fully diluted valuation (FDV) of Avalanche Bridged USDT (Avalanche) (USDTE) is $18,329,562. This is a statistical representation of the maximum market cap, assuming the maximum number of 18 Million USDTE tokens are in circulation today. Depending on how the emission schedule of USDTE tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Avalanche Bridged USDT (Avalanche) compare against its peers?
With a price decline of -0.20% in the last 7 days, Avalanche Bridged USDT (Avalanche) (USDTE) is underperforming the global cryptocurrency market which is up 3.60%, while underperforming when compared to similar Avalanche Ecosystem cryptocurrencies which are up 5.80%.
How to add Avalanche Bridged USDT (Avalanche) (USDTE) to MetaMask?
Adding Avalanche Bridged USDT (Avalanche) (USDTE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USDTE as a token. You can copy USDTE’s contract address (0xc7198437980c041c805a1edcba50c1ce5db95118) and import it manually, or if you've installed MetaMask's chrome extension, add USDTE to MetaMask with one click on CoinGecko.
Add USDTE to MetaMask.
Avalanche Bridged USDT (Avalanche) (USDTE) Token Holders
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