Tezos has been performing well in this year and may cross $1.50 target over the next few days. It may start trading above this value and may even move past its 90-days high value of $1.83 in the next few months. The current market performance of the coin is positive and indicates progressive trends.
Current Statistics of Tezos:
- Tezos price is noted to be $1.1814 and 0.00011541 BTC
- The Market Cap is now $791,632,675
- The 24-hour volume of the coin has reached $13,802,857
- Circulating Supply has reached 660,373,612 XTZ
- The ROI of the coin is 154.25%
The highest recorded value by XTZ coin yesterday was $1.25, and the lowest was $1.05. It may trade between the same range today as well.
XTZ to USD Price Comparison:
Tezos has shown an uptrend of over 1.12% within a day rising from $1.1682 to its current value at $1.1814 as of August 16, 2019, at 02:23:14 UTC. The coin started yesterday at $1.1682 and soon declined to as low as $1.0348. It gained some pace post that and rise up to $1.2636 before starting to fall down once again to its current value.
Tezos Price Prediction & Conclusion:
Tezos has been performing well this year. The coin may have been moving very slow, but it is moving in the upward direction.
This is a good time to plan long-term investments in the XTZ coin and save for the future benefits from this coin in the long run.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.