Tectum Coin Sees Significant Price Surge
Tectum (TET) has emerged as one of the top trending coins, with a remarkable 20.8% price increase in the last 24 hours and an impressive 156.9% surge over the past week, according to CoinGecko.
The Fastest Blockchain Globally
Tectum is currently being marketed as the sole blockchain network that implements a proprietary Proof-of-Utility (PoU) consensus and a high-speed network protocol. This protocol enables Tectum to validate and distribute over 1 million digital events per second, making it the fastest blockchain worldwide. In comparison, Bitcoin only processes 4.6 to 7 transactions per second (TPS).
Mainnet T12 Staking Announcement
Tectum’s recent announcement of the launch of Mainnet T12 Staking may have contributed to its growing popularity. The staking features include full node staking, community node staking, and delegator staking. The platform offers a 20% base APY, along with a variable APY based on fees.
Rapid Price Surge
TET is currently valued at $24.87, with a trading volume of $2,395,022.54 in the last 24 hours. The coin’s price has surged by 20.8% over the past day and an impressive 156.9% over the past week. TET’s lowest recorded price of $3.05 on Oct. 10 indicates a significant increase of 710.8% from its all-time low.
Hot Take: Is 2024 the Year of Crypto Explosion?
With advancements like Tectum’s Mainnet T12 Staking and the rapid surge in its price, it seems that the predictions of Crypto Capital Venture may come true. They believe that 2024 could be the year when the cryptocurrency market experiences a significant explosion.