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The MDT to USDT fluctuations over this period illustrate the influence of broader market forces on asset prices. With ongoing market instability, analysts anticipate that MDT may continue to experience price volatility.
MDT / USDT live price chart
Both MDT price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.
The exchange rate between MetaDeFi Token (MDT) and Tether (USDT) exhibited various shifts from May to September 2024, reflecting responses to market conditions and asset behaviors. Let's have a closer look at several prominent price changes:
- May 16, 2024: The MDT to USDT rate opened at 0.0580.
- May 22: The rate decreased to 0.0520 due to a stable USDT performance compared to MDT.
- May 23: It further declined to 0.0516.
- May 31: The rate recovered slightly to 0.0521.
- June 1: MDT saw a small increase, reaching 0.0529 and continued its upward trend.
- June 10: MDT rose to 0.05372.
- June 30: After entering a bullish phase, MDT peaked at 0.05667 before a correction to 0.0530 on July 1.
- July 20: USDT’s larger decline led the MDT to USDT rate to 0.0570; however, MDT began a downturn shortly afterward.
- August 1: MDT dropped significantly, reaching 0.0450.
- September 11: MDT fell further, stabilizing briefly around 0.0400.
- September 19: MDT experienced a minor uptick to 0.0415, then returned to 0.0400 on September 22.
The MDT to USDT fluctuations over this period illustrate the influence of broader market forces on asset prices. With ongoing market instability, analysts anticipate that MDT may continue to experience price volatility.
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