Circulating supply:2,818,745 USDC(WormHole)
Total supply:2,818,745.1 USDC(WormHole)
Max supply:0 USDC(WormHole)
Market cap:$2.82M
Fully diluted market cap:$2.82M
Tokenomics:Uniqueness
The stablecoin market has become exceedingly crowded over recent years — but USDC has aimed to stand head and shoulders over competitors in several ways.
One of them concerns transparency — and giving users the assurance that they will be able to withdraw 1 USDC and receive $1 in return without any issues. To this end, it says a major accounting firm is tasked with verifying the levels of cash that are held in reserve, and ensuring this matches up with the number of tokens in circulation.
Unlike some crypto ventures, Circle and Coinbase have also achieved regulatory compliance — and this has helped pave the way for international expansion. Both projects are also well-funded, giving the stablecoin certainty.
Coinbase briefly contemplated diversifying the funds backing USDC, but retracted that proposal after heavy community backlash. The transparency over the provenance of its funds has been a big reason for USDC's success. Unlike its rival USDT, which has found itself embroiled in repeated investigations, USDC has never been accused of any wrongdoing.
Token utility
USDC is a fully-reserved stablecoin, which is a type of cryptocurrency, or digital asset. Unlike other cryptocurrencies that fluctuate in price, USDC is designed to maintain price equivalence to the U.S. dollar. USDC is a stable store of value that benefits from the speed and security of blockchain technology.
The market value of USDC(WormHole) currently stands at $2.82M, and its market ranking is #3055. The value of USDC(WormHole) is not widely recognized by the market. When the bull market comes, the market value of USDC(WormHole) may have great growth potential.
As a new type of currency with innovative technology and unique use cases, USDC(WormHole) has broad market potential and significant room for development. The distinctiveness and appeal of USDC(WormHole) may attract the interest of specific groups, thereby driving up its market value.
Based on USDC(WormHole)'s historical price performance prediction model, the price of USDC(WormHole) is projected to reach $1.37 in 2025.
In 2030, the USDC(WormHole) price is expected to change by -13.00%. By the end of 2030, the USDC(WormHole) price is projected to reach $2.31, with a cumulative ROI of +131.18%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of USDC(WormHole) and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.
If you want to buy USDC(WormHole), the following information may be helpful for your investment decisions:
In the last 7 days, the price of USDC(WormHole) has fallen by -0.01%, leading to negative returns for most USDC(WormHole) investors. The market is currently pessimistic about the price trend of USDC(WormHole).
It is important to note that the current price of USDC(WormHole) has retreated by -7.84% from its all-time high. This coin is currently considered low-risk, and its price is likely to reach new all-time highs. However, be mindful of significant pullbacks if the trading volume is huge.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether USDC(WormHole) is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in USDC(WormHole) or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of USDC(WormHole), if you want to buy or sell USDC(WormHole), you can consider Bitget for your trading needs. The best place to buy USDC(WormHole) is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in USD Coin (Wormhole) has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy USD Coin (Wormhole). Here's a
step-by-step guide on how to buy USD Coin (Wormhole) on Bitget.
Using cash to buy USD Coin (Wormhole) is not the only way to obtain USD Coin (Wormhole). If you have the time to spare, you can get USD Coin (Wormhole) for free.
All crypto airdrops and rewards can be converted to USD Coin (Wormhole) through Bitget Convert, Bitget Swap, or spot trading.
The use case of USD Coin (Wormhole) may expand as the crypto market and the project itself develop. Currently, you can use USDC(WormHole) to achieve the following goals:
Arbitrage by trading USDC(WormHole): Since USDC(WormHole) is a frequently traded cryptocurrency, the price of USDC(WormHole) is always fluctuating. Earn more USDC(WormHole) by buying low and selling high on the exchange.
Bitget spot market provides a variety of USDC(WormHole) trading pairs to fully meet your needs.
Earn by staking USDC(WormHole): You can also generate income through financial management methods such as staking USDC(WormHole) or lending USDC(WormHole).
Bitget Earn offers a variety of financial products designed to help you earn more income from your USDC(WormHole).
Send or pay USDC(WormHole): If you want to give USDC(WormHole) to your friends, a charity, or a fundraiser, or you want to pay someone with USDC(WormHole), you can quickly and easily send USDC(WormHole) to the recipient through their payment address.
You can also go to the official website of the USD Coin (Wormhole) project to learn more about the use cases of USDC(WormHole). For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .