How much will Tezos (XTZ) cost in the next 10 years

in hive-148441 •  4 years ago 

Tezos (XTZ) is an extremely interesting blockchain project that has become more and more popular in recent years.

Tezos is a decentralized blockchain network that uses the so-called Proof-of-Stake consensus protocol to be able to execute smart contracts. This consensus protocol is one of the main distinguishing features of other coins.

Tezos raised about $ 232 million at the 2017 ICO. The historical maximum of the coin was reached on August 13, 2020 and amounted to 4.48 US dollars - about 3.70 euros. But how will the Tezos course evolve over the next few years?

To find the answer to this question, it is recommended to take a closer look at the dynamics of XTZ prices over the past few years - from the initial ICO to the all-time high and to the current state.

Tezos course during ICO

Tezos cryptocurrency was launched in 2017. This happened as part of the Initial Coin Offering (ICO). This gives investors the opportunity to invest in the coin early on - even before the coin can be bought on the cryptocurrency exchange. The ICO lasted 13 days, from 1 to 13 July 2017. World renowned American billionaire Tim Draper has also invested in ICOs and has thus caused quite a stir around Tezos.

How much did Tezos coin cost at ICO?

The price of Tezos on the ICO was $ 0.47 or € 0.39. In total, about 65 thousand BTC and 325 thousand ETH were collected at the Tezos ICO. This corresponds to USD 232 million or EUR 192 million. This made Tezos ICO the second largest in history. Filecoin alone was able to raise the higher $ 257 million.

Tezos (XTZ) course 2018

During the ICO, some legal issues arose that needed to be resolved. Therefore, the launch of Tezos was delayed until 2018. The time has come on September 17, 2018: the Tezos mainnet has been officially published. The price at that time was 1.54 US dollars or 0.83 euros. By the end of December 2018, the XTZ price should have recorded a loss. On the last day of 2018, Tezos was priced at $ 0.49.

image.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Your post has been curated by us! Received 20.00% upvote from @opb. Do consider delegate to us to help support our project.

Do join our discord channel to give us feedback, https://discord.gg/bwb2ENt

* This bot is upvoting based on the criteria : 1. Not plagiarised, 2. Post > 5min, 3. Author reputation > 25 4. Active engagement with others
Do upvote this commment if you 💚 our service :)