Tezos is the cryptocurrency that the whole market buzzed after raising a surprising 190% rally altcoin price to a new high level.
Despite such big gains this year, a top crypto trader claims that Tezos will still be able to withdraw 5 to 10 times more in the future as the scam around the STO market progresses.
XTZ Rising, But Still Can Make 5 to 10x More
Tezos is just over 115% since the beginning of February. Since the beginning of the year, crypto presence has been over 175% to date.
At the bottom of the asset's October 2019 bottom, Tezos made a huge gain of 390%. And under altcoin's December 2018, it's an astounding 1,000% ROI for traders who cut the lowest possible level.
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Just looking at the numbers, it's easy to see why Tezos's whole crypto market is buzzing. Values in the speculative asset class are almost entirely driven by the hype, and few surround the hype made by Tezos.
It helped push Tezos to the top ten cryptocurrencies with market value, and the asset shows little indication that it has slowed the epic rally.
In fact, the rally may continue, according to a top crypto trader.
According to the analyst, trillions of dollars that could enter the market with the STO boom could help raise the price of Tezos five to ten times more than the current prices.
It seems that Tezos is positioning itself to catch the entire STO market. If this is the case, what the STO will be I #Ethere For ICOs.
It can go further 5-10x in the bull market. I #Ethere exploded similarly.
– Satoshi Flipper @SatoshiFlipper Instagram Profile February 14, 2020
What can ICOs do for Ethereum for Tezos, which offers a Security Icon?
STONE, Offering Security TokensTezos is a platform designed to launch these tokens, as Ethereum is used for ICOs in the 2017 crypto balloon.
While the ICO market brings billions of dollars to crypto space, STOs are expected to attract trillions.
The theory is that if Ethereum could swell up to $ 1,400 per ETH token due to the ICO boom, a similar STO boom could take Tezos to similar heights.
Tezos is currently trading at roughly $ 3.50 per XTZ coin. The asset with a low bear market was trading at about 30 cents per dollar.
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2019 closed just over $ 1 per XTZ token, and now the asset has tripled to $ 3.50. The number ten cryptocurrency by market value is now looking for the next point of psychological resistance in price discovery mode before any retreat is expected.
And before a deep retreat, the analyst expects five to ten times more ROI than the rising altcoin.
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