Tether invest $10M in Celsius | Could this give the CEL token a boost?
This probably would have been of no interest to me two weeks ago because I never looked into stablecoins until now, they never interest me, I feel content with decentralized cryptocurrencies that are not pegged to any fiat. But I got a different view of stablecoins from @chekohler's How To Buy/Earn Bitcoin Without Spending Your Money post.
I got some of my Steem converted to USDT which I then deposited to my Celsius account. This is just over a week ago and still monitoring how it works.
So the news of Tether investing $10m in Celsius Network interests me $10M Investment From Tether Won’t Change Celsius’ Mission of Sharing
At the time of writing this post 1 CEL is equals $0.29 according to CMC. The question for me could we see a good rise in value for CEL in the months ahead with Tether's investment in Celsius? Will it be wise to rather earn interest on CEL hoping if it moons one could be in for some gains?
Whats your take on the subject?
My referral link if the Celsius Network interests you: Link
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