Tezos Mainnet Launch Puts XTZ Up The Crypto Charts Passing VET, DOGE, ZEC And XEM Coins
Tezos has been able to surpass VET, DODGE and XEM leading to the mainnet launch
A new blockchain platform that has been considered to have the ability to self-evolve without the use of hard fork is the Tezos, XTZ. The price for this particular token has surged more by about 37% in just last week, leading to the anticipated mainnet launch.
During the week-long run-up of the token, it was able to surpass several top crypto coins, this is in terms of the market cap. It is including the VeChain, Dogecoin, and the NEM. When we look at the ALT100, AltDex 100 Index, the XTZ is seen to be within striking distance of the TRON, NEO and the Ethereum Classic.
It is yet to be seen whether the current pre-launch price up will be able to lead to a sell the news kind of event. It is something that tends to occur within the traditional capital market in the event there is an announcement or a rumor that has taken place tends to lead the bulls in the market to spur up security, just for them to sell it once this actual event has taken place.
As we move forward, Tezos would need to prove the lofty valuation; this will be done by successfully competing for the adoption against the other binding smart contracts platforms in the market.