As of the writing of this article, Tezos (XTZ) has a 23,80% rise and a unit price of $ 3.30. Rising at an incredible rate and succeeding in becoming one of the top 10 cryptocurrencies, XTZ may even be the herald of the expected altcoin season.
XTZ Sets Its Own Record
According to market data, Tezos broke its own record in 3 of the last 3 days and reached its all-time high. The fact that XTZ achieved a significant increase of 54% only in the past week shows that this is actually one of the stars of 2020.
XTZ, which did not even take place in the top 20 in the beginning of 2019, increased both its own and other cryptocurrencies with its Staking and similar features. Other cryptocurrencies, such as Proof-of-Stake (stock proof) -based Cosmos (ATOM), also achieved a serious rise with the spread of the staking feature.
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XTZ can raise the flag in 2020!
Although the cryptocurrency market was mainly seen with the rise of Bitcoin (BTC) in 2017, the situation was different in 2019. The rise of Binance Coin (BNB) first, and then Litecoin (LTC), in general, led to an increase in the price of many altcoins. Tezos, which showed the same performance at the beginning of 2020, also increases the possibilities for similar developments. The rise of XTZ has led Ethereum (ETH) to rise, and the market is currently showing a lush green picture.