In early September, most of the leading cryptocurrencies have fallen steadily, but some altcoins have shown good results, which means that someone has earned them. Perhaps it is you?
Tether
Interestingly, while cryptocurrencies were getting cheaper, only Tether remained afloat. Tether is pegged to the US dollar at a one-to-one ratio, which is something between cryptocurrency and regular money. And, of course, its creators assure that it is safer and more functional than any fiat currency.
However, skeptics have a number of questions about this project: the cryptocurrency community doubts that Tether tokens are fully backed by dollars. Law firm Freeh Sporkin & Sullivan, LLP (FSS) released a report on the state of Tether's bank accounts, but this did not convince everyone - the document contains a number of reservations and does not prove the full backing of tokens in dollars.
But criticism was criticism, and Tether was the only one in a falling market that rose in price. At 19.00:18 Moscow time on Tuesday, September 0,99, the cryptocurrency is worth $ XNUMX.
VeChain
Last month, the VeChain cryptocurrency showed incredible growth - in early August, it was announced that the technology would be used to track drug shipments in China, after which the value of the token exceeded $ 0,014.
In addition, it was not the only growth factor: August 16 exchange KuCoin added the ability to deposit funds into VeChain, and the next day, users were able to withdraw funds in this cryptocurrency. During this time, Altcoin trading volume increased from 16 million to 85 million dollars. On 19.00 MSK on Tuesday, September 18, a cryptocurrency costs $ 0,013.
What is VeChain? This is a platform for converting information that allows you to digitize virtually any product, which greatly simplifies the control of goods sold through the Internet.
With the help of blockchain, VeChain solves specific problems of a number of industries. Any product on the VeChain platform is assigned a unique identifier, which is simultaneously stored in the blockchain and placed on the object - in the form of an NFC chip, RFID tag or QR code, and at any time in the life of the product it can be identified by this tag, and this can be done both distributor and consumer.
Waves
In early September, another leader appeared on the market, on which someone probably made good money - the Waves platform included support for smart contracts, and its token rose in price by 33%. At 19.00:18 Moscow time on Tuesday, September 2,20, the cryptocurrency is worth $ XNUMX.
Also in early September, the Ledger Live developers added support for the Ledger Nano S hardware wallet. Integration ensures full compatibility with Ledger, so all transactions with tokens issued on the Waves platform will also be supported by Ledger. In addition, these capabilities will be available to Waves DEX users - they will be able to use their Ledger hardware wallets to confirm transactions, which will provide a very high level of security.
Waves is a platform that allows users to safely and easily release their own digital assets, as well as store and trade them. At the same time, the platform provides high throughput, as well as low transaction fees and fast processing operations. In addition, Waves allows the trader to safely store their assets on the client side, and also to buy and sell them without delay using the built-in decentralized exchanger.