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by fleddr 1707 days ago
If I have to believe the research on the 2017 pump, tether had a 50% role in it. I'm not sure how much 70b does for today's market cap. Surely it's significant, but it would be an exaggeration to say there would be no demand without tether.

In the end, it doesn't matter. You can make money in crypto whether it goes down, up or is scalping.

1 comments

Well let’s see, since 2018 total crypto market cap is about 3x but Tether is about 30x and total stable coins are over 40x what they were.

Diminishing returns to pumping.