Tezos Breaks $3 Barrier — and Holds. – Thomas Dylan Daniel


That’s Tezos, folks!

After a day of relative stagnation, Monday, XTZ is up about $.40 (or almost 20%) at the end of Tuesday! I could not be much more excited, as my first ever weekly target has become a success in under 48 hours. At this rate of growth, it’s possible we could see $4 XTZ by the end of this same week!

Generally, it seems like the tokens grow for a few days rather madly, then take a day or two off, though. If the retail bull case for XTZ is indeed correct, and the staking rewards are both drawing people in and cutting back on high-frequency trading which could curtail gains prematurely, we’re all going to be in for a very wild — and very long — upward ride.

What’s Next?

XTZ doesn’t seem to back off after these big runs, here lately. It will be VERY interesting to see where it ends up. At the time of writing, it was pinging between a floor of about $3 and a ceiling of about $3.05, and to me it looks like Tezos is aching to go even higher.

I’ll be doing a post about Coinbase Pro within the next few days, so watch out for that, and there should be more writer-oriented content coming up as well now that the initial fascination with cryptocurrencies is beginning to ease up a bit.

Full Disclosure

I am long XTZ, and I’m under the impression that the coming week will bring continued rapid growth to the XTZ ecosystem. Low target: $3 high for the week; high target: $5.00.

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