Tectum's TET token continues to fly high. At time of writing, TET is up 280%. Just a few days ago, I informed my followers that TET had climbed 150% since December 26, 2023. Now, it appears TET is about to double over.
Tectum node setup and staking went live on January 1. So far, it's proving to be a success story. Tectum's latest post on Twitter / X, concerns ETFs and Blackrock's starting fees of 0.2%. They point out that this is only viable using a 'cash' basis and will be impossible without SoftNote once ETFs move to an 'in kind' basis.
Bitcoin Softnote transfer fees, on the other hand, are capped at 0.1%. Their tweet also points out that Blackrock intends to raise fees to 0.3%, like they don't make enough money already. Blackrock is famous for managing some $10 trillion, by the way. Better to invest in Tectum!
TET hit $43.41 yesterday so it effectively double over but has since come down a bit and is presently at about $39. It was at $9.73 just 11 days ago. With all the excitement, TET is bound to crack $40 again, likely later today, considering how close it is.
Comparing fees to others such as Blackrock (0.2%), ARK Invest (0.25%) Grayscale (1.5%), Bitwise (0.24%) and Franklin (0.29%), Tectum SoftNote's 0.1% transfer fee is the clear winner. Who do you think penny pinchers will go to for their Bitcoin needs?
Congratulations to those who got in before December 26!
Good news is, they're just getting started. If you're interested in setting up a node, please click here. You'll find all the information you need.
Learn more about Tectum by visiting their site here.
Peace and love to everyone!
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