Tezos Is Poised For More Explosive Growth

After a long and crazy day in which volume hit $330M and market cap almost cracked $2.5B, Tezos has relaxed to lower volume and a price that is content to flit laconically between the high $3.1x and the low $3.3x range. Volatility is markedly down, which is probably good for everyone’s blood pressure, and everyone’s favorite token still sits up nearly 100% for the month. The market as a whole is up for the month as well, of course, but the average token has not doubled.

Today saw the highest volume in trades of the year to date, and it will be interesting to see what tomorrow has in store. It is likely that the market cap of XTZ will continue to climb, as the Tezos architecture has recently been affirmed as being sound and the company behind it continues to grow.

As XTZ is a security as well as a cryptocurrency token, bagholders also get a taste of equity that is unique among the largest market cap coins.

After a long day, it is interesting to note that things are back to about how they were at this time yesterday. I cannot help but wonder what tomorrow has in store for us.

Anyone want to fill me in?

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#XTZ #Tezos #Cryptocurrency #ethereum #xtzprice