Matrixport: Tether's market value soars, boosting the crypto market to explode in 2024

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Cointime2024/12/17 07:33

By:Cointime

Matrixport released a chart today stating that by 2024, Tether's market value will increase by 50 billion US dollars, surpassing the 140 billion US dollar mark, firmly establishing its position as the most core trading tool in the cryptocurrency market. At the same time, the daily trading volume has increased significantly, stabilizing in the range of 200 to 300 billion US dollars, fully reflecting the rapid expansion of the cryptocurrency ecosystem.

It is worth noting that market activity has increased tenfold from the end of January's 30 billion US dollars to November's peak of 300 billion US dollars, demonstrating the astonishing potential of the cryptocurrency market from depression to full-scale explosion. The large-scale influx of fiat liquidity indicates that it is expected to reach a new high in 2025.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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