Tezos DOMINATES Crypto Markets!
#tezoscommunity #tezos #bitcoin #ethereum #blockchain #cryptocurrency
In an afternoon characterized by extreme—perhaps even excessive—volatility in crypto tokens, Tezos (XTZ) was more volatile than most. Values ranged from just under $4 to just over $3.40, so swings up to 15% of the market value of the coin took place.
After the mini sell-off, XTZ seems reasonably stable in the $3.6 range ($3.65 at the time of writing) but every other cryptocurrency in the Coinbase top 15 is in the red for the day except the USDC which is stable at 0% as usual.
In fact, Chainlink is the nearest contender, trailing XTZ by 6.58%.
At times like these, it pays to wonder: what’ll happen next? My money is on Tezos to outperform the market in every timeframe we can look at—short-term, long-term, market cap growth, share price growth, etc. As a growing number of major publications are starting to report, XTZ is well on its way to the moon.
Targets
My target for the month of February will remain $5, but I feel much more confident in that now. I also believe XTZ will easily outperform comparable tokens as well as Bitcoin and Ethereum, and that XTZ market cap will be $35B on January 1, 2021.
What do you think? Am I just letting a very bullish afternoon performance go to my head, or is there a chance investors are dumping other tokens to put money into XTZ?
My author site (find me on social media or anywhere else online, follow, buy a book, etc): https://www.thomasdylandanielauthor.com
