News for hackers. Stuff that matters.

A comment on 55% of all Tether, $25B, were created in 2021. Parent comment

Re:55% of all Tether, $25B, were created in 2021 by Tenoke on Saturday April 17, 2021 @08:24AM (#26843737)
I assume they are conflating the $1T increase of the total crypto market cap with how much new money has been poured in, however, that's just wrong - you need much less than $1T to increase the market cap by that much.
[ Parent | on HN ]
Re:55% of all Tether, $25B, were created in 2021 by zilebune on Saturday April 17, 2021 @12:30PM (#26845478)
You're correct, sorry my bad. I was looking at these charts but indeed they show market cap not capital influx:

https://coinmarketcap.com/charts/

[ Parent | on HN ]