$XTZ/USDT is a token of platform Tezos. Its current price is around $4.94 by writing, with a low of $2.11 in 2021 and a market cap of 4.3 billion dollars.
What is Tezos blockchain?
Tezos is a blockchain project introducing crucial innovations to the digital currency and smart contract ecosystem, which features a delegated proof-of-stake consensus mechanism. Kathleen Breitman founded it in 2018. Tezos aims to create a sustainable and secure platform for smart contracts and decentralized applications, formalize on-chain governance, and create a self-amending ledger.
The Tezos project is an open-source project that operates using blockchain technology. The Tezos Security Model ensures that all transactions are validated simultaneously in a network of nodes independent from one another, significantly reducing the risk for double-spend attacks. The Tezos blockchain was developed to address the issues of blockchain technology. It has a unique proof-of-stake algorithm that is more energy-efficient than bitcoin’s proof-of-work algorithm.
What is XTZ token?
XTZ is the coin of the Tezos platform, which is around $4.94 by the time of writing, with a low of $2.11 in 2021. Its current ranking is #42 according to CoinMarketCap, with a market cap of 4.3 billion dollars.
It reached a high of $ in 2021 with a low of $2.11. XTZ is a decentralized cryptocurrency with an advanced algorithm that powers the next decentralized sharing economy. It is currently at the top of the market share with #42 rank, making it one of the most vital coins in the world.
XTZ Coin Market Analysis
It has a total supply of 901,419,572 coins worth around $4.94 with a market volume of 547 million dollars, whereas the market capitalization is 4.3 billion dollars at writing.
XTZ Price Prediction
On the 1D timeframe, after a long downtrend, it formed out the falling wedge with a bullish trend which gave it a gain of about 10% and is currently up from the demand zone, which shows the increase in demand.
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Here are some of the best exchanges to buy XTZ.
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