Cryptocurrency Tezos is the only project that grows as everything goes on.
In the last week, the quotes of the vast majority of digital currencies do not look good. However, there is an exception which, contrary to the trend of going against the current, and its exchange rates before a longer period show an upward trend. Which digital currency is it? And what exactly is its success?
Is the currency with the best chances of survival… which one?
Both ConMarketCap and CoinPaprika have closely followed the speculative crypto-currency market and made the observation that small digital coins are capable of holding their positions under intense bear pressure.
As illustrated by the charts last week for most of the crypto-speculators was not among the best. Only those who decided to invest in digital currencies at lower positions in the stock exchange could count on profits.
However, it is Tezos (XTZ) that deserves special attention. Why?
Because it is a digital currency, which recently nothing bad has happened.
Which crypto currency is the best to invest in?
Theezos (XTX) is a crypto currency which occupies the fourteenth most capitalized digital currency with nearly 900 million dollars. According to digital asset platforms, its last daily volume was approximately 60 million dollars (USD). This applies primarily to the cryptocurrencies exchange known as CoinEx, but also to Binance and Coinbase.
At the moment, the price of Tezos (XTZ) is one big unknown for the digital assets industry. Not only does it remain at a relatively stable level, but it is also growing when all the exchange rates of other digital currencies are falling. That’s why so many people ask themselves: why is this happening? What is the reason for this?
If you don’t know it yet, we explain that the Thesis exchange rate (XTZ), unlike most other digital currencies, recorded an increase of 16% last week. Where Bitcoin (BTC) or Ethereum (ETH) recorded a 15-17% decline. And as if that were not enough, Tezos (XTZ) last year recorded an increase of almost 100%, 78% of which took place in the last month.
Where does the upward trend of Tezos (XTZ) come from?
As we all know, Tezos (XTZ) is one of the first blockchain projects. He managed to accumulate a huge amount of money in the ICO collection, so he could start to develop. The value of the collected funds amounted to $ 250 million.
According to experts, the secret of Tezos’ success (XTZ) is connected with the Proof of Stake system, or rather Liquid Proof of Stake. Blockchain of this digital currency offers the so-called staking, i.e. the possibility of gaining new XTZ coins only by holding them by a sufficiently large in your wallet.
Is it worth investing on the Coinbase stock exchange?
Digital currency exchange Coinbase also for its users from Great Britain has shown support for Tezos (XTZ).
Additionally, the increase in the price of Tezos (XTZ) is probably influenced by the link between the ETP financial instrument, which was launched by the main Swiss stock exchange (SIX). As we know, it is supervised by Coinbase Custody.
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