The trend of investing in cryptocurrency is rising now. Since the prices of Bitcoin went record high, everyone is now regretting not investing in cryptocurrency sooner. So everyone is searching the web to find out which cryptocurrency is the best to invest in. As popular as Bitcoin(BTC) and Ethereum(ETH) is, everyone is aware of the problems in governance that are faced by these networks. To eliminate such issues and make the user experience even more satisfactory, Tezos entered the crypto market in the September of 2014. Let’s go ahead and explore more about Tezos(XTZ) and get to know what it is and if it could be the one to invest in.
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What is Tezos(XTZ)?
Tezos is a blockchain network like Ethereum and Bitcoin. It is based on smart contracts like Ethereum and is a proof of stake cryptocurrency. Even though it seems more similar to Ethereum(ETH) blockchain, the important aspect of Tezos that makes it unique is that the infrastructure it aims to offer is more advance than other blockchains. This means that it can evolve over time without having to face any hard fork. Tezos calls themselves a “Secure, upgradable and built to last” blockchain network.
Is it profitable to invest in Tezos(XTZ)?
Tezos has continuously kept its place in the top 50 cryptocurrencies for a long time and still is one among them. With its unique approach and the technology that could overcome many challenges faced by top blockchain networks like Bitcoin and Ethereum, Tezos has got the attention of many investors. As they use advanced technology in their network which lets them evolve over time without any difficulties made it stand from the rest. Also, XTZ is the governance token of Tezos and the holders will get to take part in the governance decisions pertaining to Tezos. This makes it an even better and profitable investment option.
Tezos Tokenomics
At the time of writing this article, there are currently 866,630,303 XTZ in circulation whereas the total supply of XTZ is 895,592,121. The maximum supply of the tokens is not yet available. Tezos’s ICO happened in 2017, which was also recorded to be one of the largest ICOs held as it raised a total of 361,122 ETH and 65,681 bitcoin. 80% of its initial supply was allotted to its investors whereas the rest 20 per cent was split between the Dynamic Ledger Solutions and the Tezos Foundation.
What will Tezos(XTZ) be Worth in 2021 Price Prediction?
Tezos(XTZ) Price Prediction 2021 is forecasted to reach $325.56
What will Tezos(XTZ) be Worth in 2022 Price Prediction?
Tezos(XTZ) Price Prediction 2022 is forecasted to reach $421.8
What will Tezos(XTZ) be Worth in 2023 Price Prediction?
Tezos(XTZ) Price Prediction 2023 is forecasted to reach $468.4
What will Tezos(XTZ) be Worth in 2024 Price Prediction?
Tezos(XTZ) Price Prediction 2024 is forecasted to reach $611.4
What will Tezos(XTZ) be Worth in 2025 Price Prediction?
Tezos(XTZ) Price Prediction 2025 is forecasted to reach $702
What will Tezos(XTZ) be Worth in 2026 Price Prediction?
Tezos(XTZ) Price Prediction 2026 is forecasted to reach $1404
What will Tezos(XTZ) be Worth in 2027 Price Prediction?
Tezos(XTZ) Price Prediction 2027 is forecasted to reach $2106
What will Tezos(XTZ) be Worth in 2028 Price Prediction?
Tezos(XTZ) Price Prediction 2028 is forecasted to reach $2808
What will Tezos(XTZ) be Worth in 2029 Price Prediction?
Tezos(XTZ) Price Prediction 2029 is forecasted to reach $3510
What will Tezos(XTZ) be Worth in 2030 Price Prediction?
Tezos(XTZ) Price Prediction 2030 is forecasted to reach $4212
What will Tezos(XTZ) be Worth in 2035 Price Prediction?
Tezos(XTZ) Price Prediction 2035 is forecasted to reach $7020
What will Tezos(XTZ) be Worth in 2040 Price Prediction?
Tezos(XTZ) Price Prediction 2040 is forecasted to reach $10530
What will Tezos(XTZ) be Worth in 2045 Price Prediction?
Tezos(XTZ) Price Prediction 2045 is forecasted to reach $14040
What will Tezos(XTZ) be Worth in 2050 Price Prediction?
Tezos(XTZ) Price Prediction 2050 is forecasted to reach $17550
Wrapping Up
The above mentioned are the prices that Tezos(XTZ) is predicted to reach over the years. From the predictions, you can see that the price of Tezos(XTZ) is forecasted to rise exponentially which makes it a safe and profitable investment option. But you need to keep in mind that whatever it is that you are investing in, there is always going to be risk and you should be aware of the possible risks and also monitor the fluctuations in the market trends regularly to avoid any risks. Hope you have found this article helpful. For more such articles, visit Postling.
