BlocksInform
The host of popular market commentary and crypto analysis show coin bureau says that tezos ($xtz) is poised to become one of the few “top cryptocurrencies” due to its evolution-focused architecture.
In a recent YouTube update, desk corner host "guy" told viewers that tezos ethereum-competitor is about to become one of the most dominant cryptoassets.
as reported by the daily hodl, guy said,
tezos is one of the few cryptocurrencies that has been explicitly designed to evolve so that it may not only survive but thrive […] tezos is on track to become one of the top cryptocurrencies.
Tezos, which launched its $xtz native token in 2018, was designed from scratch to incorporate the opportunity for long-term upgrade, open participation, collaboration and smart contract functionality. according to the project’s web page, tezos prides itself on its governance and open-source platform, allowing the network to address key barriers facing blockchain adoption and utility.
The corner desk host noted that $xtz remains relatively undervalued after being on the market for several years, particularly in comparison to the massive rise of bitcoin and ethereum during this period. He explained that xtz was only about 10x of its original ico price, while other high cryptos had enjoyed more than 20x in that period.
Guy stressed selling by tezos foundation and institutional investors $xtz as a potential depressant for the coin price. However, he called the institutional partnerships for the project "impressive" and predicted a favorable outlook for the coin despite its poor price action so far.
photo by user via pixabay.com
