Tezos Price Analysis: Is Tezos Hard Fork on the way?
French building gathering, OcamlPro, is seeking after a Tezos fork after the token’s overseeing establishment taken steps to quit financing them over administration worries, as indicated by a blog entry by the Tezos Commons Foundation.
Let us look at how the coin has performed: –
Current Statistics of Tezos Coin:
- As per 10:30:06 UTC today, Market Cap of the coin was 852,729,479 USD.
- Price of the coin today as per 08:00 UTC is 1.2912 USD
- 24-hour volume figures are $6,690,612.
- 659,919,910 coins are currently in circulation.
- ROI of the coin is currently more than 174.93%
Tezos Coin Price Comparison:
- For better understanding, let us look at the price comparison since past 6 months for better clarity.
- On 16-Oct-18, the price of the coin was $1.4721.
- As compared to the prices on 16-Oct-18, the price of the coin currently shows a downward trend by 12%.
Tezos Price Prediction:
After analyzing the price momentum of the past 6 months, we made XTZ Prediction that the price reached to $1.3255 today but again fell to $1.2912 and may reach around $2 – $3 by the end of this year.
Conclusion:
As per the price comparison from October to June 2019, the coin was showing a bearish trend. Having said that, however, the price of the coin now seems to be kind of stable and slowly beginning to gain some momentum in the crypto market. As per the current price movement of the coin, it is advisable to sell the existing coins.
