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Tezos Coin Price Analysis : XTZ / USD Escalates Tremendously Upto 16%

The market is gaining momentum and growing with bullish trend. Today’s top gainers are Tezos and Lambda with 16% and 32% gains respectively. However, with 9% loss, Enjin Coin Coin is the biggest loser followed by Aurora with 5% in red.

Tezos (XTZ) traded 16.1% high against the U.S. dollar during the 24 hour period. One tezos cryptocurrency can now be bought for about $1.13 USD or 0.00021823 BTC on popular exchanges including Bitfinex, HitBTC, Coinone and UEX. Tezos has a market cap of $748,055,733 USD and more than $1.57 million worth of Tezos was traded on exchanges recently.

According to coin market cap, the coin is currently ranking 16th position. Moreover, the coin is holding $8,929,814 USD 24 hour volume and 663,069,552 XTZ circulating supply and 790,789,844 XTZ total supply

Recently, Tezos Foundation announced that its charter has been modified to enhance the Foundation’s internal governance. It is now required that the Foundation have at least 5 council members at any given time, rather than 3 as was previously required.

The Foundation has also established a technical advisory committee, to advise the Foundation on technical matters. This committee will include external members from the Tezos ecosystem with long-term technical strategy around research, development, and engineering tools.

Additionally, Tezos (XTZ) offers the highest returns of any PoS cryptocurrency, at more than 7.3% per year. The cryptocurrency research firm Messari found that the yield for staking Tezos was significantly higher than seven comparable coins.

What is your opinion on Tezos coin ( XTZ ) skyrocketing to such greater value? Share your thoughts on our Twitter and Facebook pages.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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