Tether profile
Tether Profile (USDT)
Score: 6.11 | Good
Balanced Large Cap
Project Safety Score

Sat, Sep 25, 2021 5:08 PM

Score 6.11
Rating Good
Market Cap $68633051371.024
24hr Volume $92430829957.459
Price $1.000588189589
Review

Tether

token

ethereum

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.”

Read more in the whitepaper:
https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf

Tether Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Tether Safety Report

Tether has a safety score of 6.11

Tether is a large cap token.

Tether is suited to a balanced investment style.


Tether Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • github
  • bitcointalk thread

Tether Red Flags

There are currently no Tether red flags.


Tether Development Score

The link to the projects repository has not been submitted yet.


Tether Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:
  • The overall sentiment is average

Tether Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Tether?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Tether has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • high reddit articles
  • extremely high hashtag tweets
  • extremely high search result count
  • no gitHub account watchers

Tether Awareness Score

The awareness score indicates how well Tether is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Tether is but a good measure of longevity is how well the project is known by the general public.

Overall Tether this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very poor search result total
  • very low news articles mentioning Tether
  • very poor news articles directly about Tether

Tether Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Feb 25, 2015)

Tether Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • extremely high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Tether Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

USDT
Community Trust Score (USDT)

1/5

3 reviews
Charles
Fri, Aug 6, 2021 2:41 PM
Tether printer goes BRRRRRRRR, Magic Tokens A.K.A SCAM
0 0
connyfucks
Sun, Apr 11, 2021 11:45 PM
The biggest scam in crypto
5 1
TetherIsAScam
Sat, Mar 23, 2019 1:32 PM
Tether is used to artificially drive up the price of bitcoin - a real piece of crap coin.
9 0

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • project team
  • github
  • bitcointalk thread
Community Signals

1/5

(3 reviews)
Community Trust Score
Market Cap Rank:
4
Voted:
shit
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Tether Reddit
Tether News
  • Why Bitcoin, Ethereum, Dogecoin, and Other Cryptocurrencies Plunged Today

    Sat, Sep 25, 2021 4:18 PM

    Regulatory risks are rising for...

    read more...
  • SEC Hints at Tether Probe in Records Request Denial CoinDesk

    Fri, Sep 24, 2021 4:24 PM

    The U.S. regulator cited a law enforcement exemption in denying a Freedom of Information Act...

    read more...
  • The European Business Review

    Fri, Sep 24, 2021 2:29 PM

    Tether (USDT) is a cryptocurrency issued by Tether Limited, a company controlled by the owners of...

    read more...
  • Chinas crackdown on crypto notable for PBOC call out of Bitcoin, Ethereum and Tether

    Fri, Sep 24, 2021 1:36 PM

    China has reiterated its crackdown on cryptocurrencies in the world's second largest economy and...

    read more...
  • Key detail in Chinas crypto crackdown is callout of Bitcoin, Ethereum and Tether

    Fri, Sep 24, 2021 1:36 PM

    China has reiterated its crackdown on cryptocurrencies in the world's second largest economy and...

    read more...