Tether vs Phoenix – Price, Market Cap & Performance Compared

Which coin performs better – Tether or Phoenix?
We compare the current price (0.99998 $ vs 2.09 $), market cap (158 577 166 622 vs 107 497 884) and all-time high (1.32 vs 3.98).
Find out which one stands out right now!

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Tether is currently trading at 0.99998 $, while Phoenix stands at 2.09 $. These cryptocurrencies differ not only in price but also in market presence.

The market cap of Tether is around 158 577 166 622, and Phoenix has about 107 497 884. Their respective all-time highs are 1.32 for Tether and 3.98 for Phoenix.

Daily trading volume and the 24h price change (-0.00645 % vs 8.38529 %) also offer key insights.

Compare all metrics now and see which coin fits your investment strategy best!

Tether

Tether is a widely-used stablecoin in the cryptocurrency market, designed to maintain a value equivalent to a traditional currency like the US dollar. It provides traders and investors with a stable asset to navigate the volatile crypto landscape, offering a flexible means to move funds quickly between exchanges. Despite its popularity, Tether has faced scrutiny regarding its reserve holdings and transparency, sparking ongoing debates within the financial community.

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Phoenix

Phoenix has emerged as a promising cryptocurrency that aims to streamline transactions while ensuring user privacy. With its innovative approach to scalability and decentralized governance, it provides a unique alternative for both investors and everyday users. As the market continues to evolve, Phoenix is positioning itself as a key player in the drive towards a more accessible and secure blockchain ecosystem.

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Tether
Phoenix
Tether
Phoenix

General Information

Title
Tether
Title
Phoenix
Symbol
usdt
Symbol
phb
Whitepaper
Whitepaper
-
Website
Website
Community
-
Community
-
Last Updated
2025-07-07 23:29
Last Updated
2024-11-11 23:51

Price Data

Current Price $
0.99998 $
Current Price $
2.09 $
High 24h
1 $
High 24h
2.15 $
Low 24h
0.99988 $
Low 24h
1.93 $
Price Change 24h
-0.00006 $
Price Change 24h
0.16197 $
Price Change % 24h
-0.00645 %
Price Change % 24h
8.38529 %

Market Data

Market Cap
158 577 166 622
Market Cap
107 497 884
Total Volume
43 495 403 942
Total Volume
35 434 137
Market Cap Change 24h
-55 568 586
Market Cap Change 24h
8 376 964
Market Cap Change % 24h
-0.03503 %
Market Cap Change % 24h
8.45126 %
Return on Investment (ROI)
-
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
158 581 664 727
Circulating Supply
51 400 779
Total Supply
158 581 664 727
Total Supply
51 400 779
Max Supply
-
Max Supply
64 000 000

Historical Data

All Time High (ATH)
1.32
All Time High (ATH)
3.98
ATH Change %
-24.42294 %
ATH Change %
-47.73515 %
ATH Date
2018-07-24 00:00
ATH Date
2024-03-09 08:39
All Time Low (ATL)
0.57252
All Time Low (ATL)
0.07105
ATL Change %
74.6585 %
ATL Change %
2 825.88628 %
ATL Date
2015-03-02 00:00
ATL Date
2022-05-12 12:48

Tether

Understanding Tether: A Stablecoin Powerhouse

Tether (USDT) is a leading name in the world of stablecoins, a class of cryptocurrency designed to facilitate transactions by maintaining a stable value. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, stablecoins like Tether aim to provide users with the stability of fiat currency, while still leveraging the benefits of blockchain technology.

The Mechanism Behind Tether's Stability

Tether achieves its stability by pegging its value to traditional fiat currencies, primarily the U.S. Dollar. Each Tether token is reportedly backed by an equivalent amount of fiat currency held in reserve. This 1:1 backing mechanism is key to maintaining the coin's stable value, as reflected in its market price which typically hovers around 1 USD.

Historical Development and Milestones

Tether's inception dates back to 2014, and since then, it has played a pivotal role in demonstrating the practical use case of stablecoins within the crypto ecosystem. Its journey has seen significant milestones, including reaching its all-time high of $1.32 in July 2018, and experiencing its low at $0.572521 in March 2015. These deviations, while noteworthy, are rare occurrences in Tether's overall history, underscoring its primary objective of price stability.

Advantages of Using Tether

The primary advantage of Tether is its stability, making it a safe harbor for investors during times of high volatility in the broader cryptocurrency market. By offering price predictability, it facilitates more efficient trading, lending, and arbitrage, making it an indispensable tool for crypto exchanges and users alike. Moreover, Tether's utility is further enhanced by its widespread acceptance and high liquidity.

Challenges and Controversies

Despite its widespread use, Tether has faced scrutiny regarding its claims of full fiat backing. Critics have raised concerns about transparency, regulatory challenges, and the adequacy of its audited reserves. These issues have occasionally prompted regulatory attention and calls for greater transparency and accountability from Tether’s management.

Future Outlook for Tether

The future of Tether rests heavily on its ability to maintain trust and transparency with users and regulators alike. As the crypto market matures, Tether is expected to continue playing a significant role, particularly if it can navigate the evolving regulatory landscape successfully. Its position as a stablecoin market leader suggests that it will remain a cornerstone in crypto trading, offering a reliable alternative to more volatile assets.

In conclusion, Tether stands out as a critical tool within the cryptocurrency space, providing much-needed stability for traders and businesses. Its ongoing relevance will depend on its adaptability to regulatory demands and its continued assurance of transparency and full reserve backing to its user base.

Phoenix

The cryptocurrency landscape is continuously evolving, and one of the coins making waves recently is Phoenix (PHB). Launched with the ambitious goal of revolutionizing digital currency transactions, Phoenix has garnered attention for its innovative technology and robust market performance. In this article, we will explore the historical performance of Phoenix, its current standing, advantages and disadvantages, as well as its future prospects.

Understanding Phoenix: A Brief Overview

Phoenix is designed to be more than just a digital asset; it aims to create a decentralized ecosystem that empowers users through seamless transactions. With a current market cap of approximately $90 million and a circulating supply of about 51.4 million coins, Phoenix has established a solid foundation. Its all-time high (ATH) reached $3.98 on March 9, 2024, indicating significant investor interest and potential for growth.

Historical Performance

Historically, the price of Phoenix has seen considerable fluctuations. Starting from its all-time low (ATL) of $0.071 in May 2022, the coin has experienced dramatic growth, achieving an impressive increase of about 2376% at its peak. This trajectory highlights the coin’s success in gaining market traction and investor confidence. However, it has also experienced a decline from its ATH, trading currently at $1.76, which represents a decrease of approximately 55.77% from its peak value. Such volatility is not uncommon in the cryptocurrency market and accentuates the need for potential investors to conduct thorough research.

Advantages of Phoenix

One of the primary advantages of Phoenix is its strong technological foundation. The coin operates on an efficient blockchain that enables rapid transaction times and low fees, making it an attractive option for everyday transactions. Furthermore, the project is backed by a dedicated team of developers and a growing community, which can positively influence its credibility and adoption. Additionally, the fixed supply cap of 64 million coins creates a deflationary aspect, potentially increasing value over time if demand rises.

Disadvantages of Phoenix

Despite its strengths, Phoenix is not without its shortcomings. One significant concern is its vulnerability to market volatility, which can result in sharp price swings. The overall cryptocurrency market is quite unpredictable, and while Phoenix has shown resilience, poor market conditions can adversely affect its price and adoption. Moreover, competition from other blockchain projects could hinder Phoenix’s growth. As the cryptocurrency space becomes increasingly crowded, differentiation and sustained innovation are critical for long-term success.

Future Outlook

Looking ahead, the future of Phoenix appears promising but is fraught with challenges. As the demand for digital currencies continues to rise, Phoenix has the opportunity to position itself as a leading player in the market if it can effectively leverage its technological advantages. Strategic partnerships, continuous improvements, and increasing user adoption will be vital for its growth trajectory. Investors should remain vigilant and monitor market trends closely, as the pace of change in the cryptocurrency sector is rapid and relentless.

Conclusion

In summary, Phoenix (PHB) has evolved significantly since its inception, showing remarkable growth despite the inherent volatility of the cryptocurrency market. Its strengths lie in its technology, community support, and potential for future value appreciation. However, potential investors should be cautious and strategic, considering both the advantages and disadvantages while keeping an eye on future developments. As always, thorough research and risk assessment are essential in navigating the exciting world of cryptocurrencies.

For more information about Phoenix, you can visit their official website at https://www.phoenix.global/.