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From April to October 2024, OCEAN’s performance against USDT reflects both brief periods of stability and notable downturns, ending the period with a marked decrease. These shifts underscore how external pressures and market trends influenced OCEAN’s market value against the stability of Tether.
OCEAN / USDT live price chart
Both OCEAN 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.
While Ocean Protocol (OCEAN) experienced several price shifts from April to October 2024, these fluctuations highlight market dynamics that may provide valuable insights for investors. Let's have a detailed look at key conversion rate shifts:
- April 28, 2024: The OCEAN to USDT price starts at 0.9, marking a stable phase.
- May 1, 2024: Conversion increases slightly to 0.9257.
- May 3, 2024: Rate rises to 1.03, following a brief decline to 0.9192.
- May 10, 2024: OCEAN falls to 0.8496 during a broader market downtrend.
- May 20, 2024: OCEAN bounces within the range of 0.92 - 0.95 per USDT.
- June 27, 2024: A slight uplift brings the rate up to 0.73.
- July 2024: OCEAN trends downward but stabilizes around 0.71 and then 0.725.
- Mid-August 2024: Fluctuations continue between 0.69 - 0.75, then shift downwards.
- August 26, 2024: OCEAN declines to 0.63, continuing to drop until September.
- September 19, 2024: Conversion falls to 0.614, starting a prolonged downtrend.
- October 25, 2024: OCEAN reaches 0.56, marking a significant decrease since April.
From April to October 2024, OCEAN’s performance against USDT reflects both brief periods of stability and notable downturns, ending the period with a marked decrease. These shifts underscore how external pressures and market trends influenced OCEAN’s market value against the stability of Tether.
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