Tuesday, July 5

3 Reasons Tezos (XTZ) Price Breaked Its Downtrend With A 50% Rally By CoinTelegraph

© Reuters. 3 reasons why the Tezos (XTZ) price broke its downtrend with a 50% rally

2021 has been a year of great growth for the cryptocurrency market and, apart from the price of which has soared to new highs, the emergence of a vast ecosystem of decentralized finance (DeFi) and the growing popularity of non-fungible tokens. (NFT) have pushed blockchain technology mainstream in a way that seems to warrant its mass adoption.

One project that has benefited from its focus on NFTs and the ongoing green revolution is Tezos (XTZ), a layer one smart contract protocol that is capable of evolving your network without the need for a hard fork.

  • Traders say ATOM could see a similar rise to AVAX and hit $ 100

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $ 3.23 on December 3, the price of XTZ reversed its course, gaining 68% to hit an intraday high of $ 5.45.

Read the full article on Cointelegraph

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