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Breaking News: SEC Files Complaint Against Crypto Exchanges In $14 Million Fraud Scheme

USDT Turns 10 With $120 Billion Market Cap – Growing Crypto Adoption Propelling Gains For New Projects

Bitcoinist
by Bitcoinist
Last Updated: October 9, 2024 12:13 pm
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Since its creation in 2014, Tether has been one of the top stablecoins for investors around the globe. Its value is fixed around $1 making it an ideal substitute for the dollar and has been of great help in high inflation countries.

On Monday it celebrated its 10th anniversary with its market cap nearing $120 billion and a daily trading volume of 37 million.

USDT has also been a great starting point for buying other projects, especially in the presale phases.

Leading industry analysts are saying that now is the right time to load up your wallet with it and stock up on Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK) and Sponge V2 ($SPONGE).

Let’s check out the details.

>>> Buy the Best Crypto Now <<<

USDT Marks 10 Years of Existence With a New Film Set to Reflect On the Importance of This Stablecoin – Investors Are Using It Massively to Purchase These New Token

Tether (USDT) is crucial in the world of crypto, offering much-needed stability in a market known for its wild swings.

This coin lets traders and investors safeguard their assets without having to convert back to fiat during volatile times. This makes it especially useful during bear markets, as users can park their funds in USDT to maintain value while waiting for better opportunities.

Launched on October 6, 2014, by Brock Pierce, Reeve Collins, and Craig Sellars, Tether was designed to bridge the gap between traditional finance and digital currencies, with each token backed 1:1 by fiat.

Fast forward to today, and USDT has become the third-largest cryptocurrency, boasting a market cap of $120 billion, trailing only behind Bitcoin and Ethereum.

To mark its 10th anniversary, Tether is releasing a documentary titled Stability and Freedom in Chaos, showcasing how USDT has become an essential financial tool.

USDT also plays a significant role in crypto presales. Many projects accept it during fundraising because its stable value helps reduce risks for both investors and developers, ensuring smoother, more predictable transactions amid the volatile crypto market.

Experts have found that the best presales right now are Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and Sponge V2 ($SPONGE) as they have the biggest return potential on the market.

>>> Buy the Best Crypto Now <<<

Pepe Unchained ($PEPU) Is One of the Most Promising Presales on the Market – Fundraising Has Reached Another Milestone

Pepe Unchained ($PEPU) is still in the presale phase and is one of the most well-known ICOs out there. The fundraising for this project has reached an astonishing $18.2 million, and it is projected that it will reach over $20 million by the end of it.

Investors believe in this project as it delivers massive upgrades compared to the original Pepe coin. In fact, this is the world’s first meme coin that has its own blockchain.

This new “Pepe Chain” is a layer-2 solution mainly to the scalability issue that Ethereum has. It offloads ETH’s mainnet allowing for much higher volume to pass, having near-instant bridging between these two networks.

It also impacts transaction speed as well as lowers the cost of it, making this network ideal for day traders, gamers, and bear market times.

Just recently, you can now develop your own projects on the Pepe Chain, further boosting the potential value of $PEPU as its network gets widely adopted by crypto enthusiasts.

>>> Buy Pepe Unchained Now <<<

Crypto All-Stars ($STARS) Adds Real Utility to the Existing Meme Coins Thanks To Its Unified Staking Feature

Crypto All-Stars ($STARS) is the ICO that brings real innovation to the table, attracting a wide array of investors.

Through its MemeVault ecosystem, investors can vault their top meme coins and by doing so will get rewarded $STARS tokens. This never-before seen feature allows for unified meme coin staking, putting them all under one platform.

Since launch, you will be able to stake 11 of the best meme coins right now, such as Dogecoin, Shiba Inu, and Pepe, to name a few.

The biggest staking returns are for $STARS, as those who choose to stake it will get a 3x token multiplier, making this already lucrative offer an even better one. The current APY rewards are going up to 703%, and there are over a billion tokens being staked.

The presale is organized in 50 phases, with each new one having a slight price increase. There is over $2.1 million raised so far, but with this kind of hype, the post-launch surge is imminent.

>>> Buy Crypto All-Stars Now <<<

Flockerz ($FLOCK) Incorporates Community to Make Important Decisions For The Future of the Project

Flockerz ($FLOCK) has been gaining serious traction, pulling in over $550k in the first month of its ICO. The driving force behind this success is the project’s one-of-a-kind vote-to-earn (V2E) system, which has sparked excitement within the community.

By voting on key project decisions, $FLOCK holders not only help shape the platform’s future but also earn rewards for their involvement.

This decentralized setup strengthens Flockerz’s ties to the Web3 ecosystem, earning it the title of “The People’s Meme Coin.” With a presale price of $0.005724 per token, potential investors have just one day left before the price goes up.

But Flockerz is more than just another meme coin – it offers real rewards for long-term holders. Investors who stake their $FLOCK tokens in the staking pool can earn an incredible 3353% APY.

With 2.4 billion $FLOCK tokens still available, making up 20% of the total supply, there’s still a chance to get in on this presale..

>>> Buy Flockerz Now <<<

Sponge V2 ($SPONGE) Aims to Surpass the Massive Success of Its Predecessor With This New and Upgraded Version

Sponge V2 ($SPONGE) is an upgraded version of the original $SPONGE token, which made waves on the market back in 2023. 

This new version brings some key improvements, with the standout being its “Stake-to-Bridge” feature. 

It allows Sponge V1 holders to easily convert their tokens into the V2 system, all while earning a solid staking return of up to 40% APY. It’s an attractive option for early supporters looking to make the switch.

Sponge V2 is built to capitalize on the continued popularity of meme coins, but it aims to offer more utility than its predecessor. 

One of the most exciting additions is the planned launch of a play-to-earn (P2E) game, which will expand the token’s ecosystem and ramp up user engagement.

The development team behind Sponge V2 has big plans, including targeting listings on major exchanges and setting their sights on surpassing Sponge V1’s previous success, which saw it reach a $100 million market cap. 

With these ambitious goals, Sponge V2 is looking to take its place with more functionality and appeal.

>>> Buy Sponge V2 Now <<<

Conclusion

As Tether celebrates its 10-year milestone, its role as a stablecoin has only become more vital to the crypto market ecosystem.

It continues to provide a reliable and stable alternative for traders during periods of high volatility, serving as a bridge between fiat currencies and decentralized finances.

Its growing adoption, particularly in presales, has made it a go-to asset for investors looking to minimize risk.

Now is the perfect time to load up on USDT and capitalize on the explosive potential of presales like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and Sponge V2 ($SPONGE).

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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