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- 1 The TET crypto asset is showing bullish traits and can achieve more growth
- 2 The TET crypto has displayed a sign of revival as the price bounced back from a critical level.
Tectum is a platform that uses distributed ledger technology (DLT) with a unique algorithm for managing record change signatures.
The Tectum Blockchain can process over a million transactions per second, called “EVENTS”. It also offers fast event status delivery, ownership updates across the network, and distributed access to different system modules.
Tectum has an innovative feature that allows it to store hashes that link back to the original data stored at a lower level, instead of on the blockchain itself.
Furthermore, it is done to separate the heavy-transaction-related information from the pipeline and validate it by hashing, signing, and encrypting the bundles at the end of each transaction and then archiving them.
The main goal of this is to make event-related information instantly verifiable and publicly available. It has various levels of accessibility for transaction-related modules.
Basically, the network hashes everything and keeps it on the top level of its blockchain. That’s how Tectum achieves such a high transaction throughput without compromising security procedures.
Tectum uses a proprietary Proof-of-Utility consensus for its consensus algorithm. It is a first in the industry that aims to optimize data distribution, which allows the protocol to distribute and validate more than a million digital events per second, making it a potential overlay network.
Can TET Crypto Asset Price Climb Up More?
The TET crypto asset is showing bullish traits and can achieve more growth. It has demonstrated good performance in the past week, month, and three months, 59.90%, 224.84%, and 884.72% respectively, indicating a reliable upward trend.
The TET crypto is experiencing a surge of 11.71% in the last 24 hours, trading at $39.00.
However, the TET crypto has displayed a sign of revival as the price bounced back from a critical level of around $30 on the charts.The TET crypto is poised for a spectacular rally, as it prepares to smash the resistance level and soar to new heights from the current support zone.
The TET asset is showing bullish strength and rising potential as it stays above major EMA’s.The TET asset is in a strong uptrend and the RSI shows no signs of overbought conditions, suggesting that the asset has more room to grow.
Therefore, if the demand for the crypto remains high, the TET asset price could bounce back from the current level. The next goal for the price is to reach $45.
However, if the TET crypto price fails to stay above the $25 level, it could decline further.
Summary
The TET crypto asset is showing bullish traits and can achieve more growth. It has demonstrated good performance in the past week, month, and three months, 59.90%, 224.84%, and 884.72% respectively, indicating a reliable upward trend.
However, if the demand for the crypto remains high, the TET asset price could bounce back from the current level. The next goal for the price is to reach $45.
Technical Levels
Support Levels: $25
Resistance Levels: $50
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
