The summary of this TEZOS price prediction tells us that the opinion of respected crypto experts and technical-based analysis combined predict that the price has the potential to rise up to $5 per coin between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Tezos.
“Blockchain is moving beyond cryptocurrency, and it’s worth paying attention – especially since successful prototypes show that blockchain, also known as distributed ledger technology, will be transformative.”
– Julie Sweet
Table of Contents
News about TEZOS
- Tezos Pops As Bitcoin Pushes Against $50K – eToro Crypto Roundup
- 3 reasons why Tezos (XTZ) price has gained 85% this month
Despite its range of incredible advantages, Bitcoin faces hurdles due to its slow speeds and lack of flexibility. Many looked to Ethereum as the next best thing when it came to flexibility, but it came with expensive fees. One altcoin which is trying to improve its flexibility with low fees is Tezos, subsequently gaining a lot of attention with a natural interest in a Tezos price prediction as a result.
Despite only hitting the markets in 2018, Tezos has had a wild short history. In the space of just two years, this digital asset has shown the ability to reach all-time highs that have seen returns on investment of up to 1500% for long-term investors.
But are you wondering if it’s too late to start investing in TEZOS? You’re not alone, many people are curious about whether investing is a good idea. I was one of those people until I began to use a range of factors to research the future price of this innovative digital currency such as:
- Price history
- The latest legislation
- Prediction strategies
- Expert analysis
- New investors
By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in TEZOS. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.
But what does the future hold for investors who get on board now? Will it rise even further? Our TEZOS price prediction aims to answer all. But first, let’s start with just what TEZOS is and how it works.
What is TEZOS?
Launched back in 2014 by Kathleen and Arthur Breitman, Tezos is a decentralized, open-source energy efficient Proof of Stake blockchain network that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts. The Tezos blockchain also has its own native cryptocurrency called XTZ.
In the same way that Ethereum utilizes blockchain technology, so does Tezos in its role as a decentralized ledger to use smart contracts. But what makes Tezos different from its competitors is the fact that it allows users to directly control the rules of the network.
To do this, Tezos provides incentives for its users to participate in the core development process. This subsequently makes the development process democratic and decentralizes the maintenance process.
Whilst maintaining this innovative user participation feature, Tezosalso also maintains its decentralization by using mathematical proofs to verify that these properties are maintained.
Pros and cons of TEZOS
Like any cryptocurrency, TEZOS has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of TEZOS.
Pros | Cons |
✔️ Tezos can be used in any kind of business, like gaming, making it much more than just a cryptocurrency. | ❌ Tezos struggles with a poor marketing campaign being it. |
✔️ Tezos has impressive on-chain governance. | |
✔️ Tezos is highly flexible and boasts automated upgrading. |
TEZOS FAQ
Do you still have questions about Tezos? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about Tezos to give you a better understanding of the original digital asset and its price potential.
How is Tezos different from other digital currencies?
In comparison to other cryptocurrencies, TEZOS distinguishes itself through the way it governs itself. In comparison to many other blockchains, most of whom rely on development teams and miners to come up with new design choices, Tezos is constantly working to put the decision-making process into the network of its own users.
Who uses Tezos?
Alongside a plethora of users, TEZOS has managed to secure some seriously influential investors. Just last year, for example, the internationally renowned French bank of Societe Generale made their intentions to use the TEZOS blockchain to experiment with a central bank digital currency.
How does Tezos gain value?
Like most cryptocurrencies, the value of Tezos is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships, support for Tezos is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.
Can TEZOS reach $100 per token?
Despite its short history, TEZOS has seen returns of over 1500% to long-term investors and has secured partnerships and collaboration with various leading banking companies and other well-known businesses. If it continues to innovate and retain a solid support base, it would not be impossible for Tezos to reach $100 one day, but it might take a while.
Where do people buy, sell, and trade Tezos?
You can buy, sell, and trade Tezos from any reputable crypto trading platform. If you are a new investor, then we suggest using eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
TEZOS Price History
One of the best ways to try and create a successful TEZOS price prediction is to look back at the price history of this innovative digital asset. After its initial record-breaking ICO, TEZOS was released onto the market toward the end of 2018 with an opening price of around $2.
But the beginning of the price journey of TEZOS was rocky, to say the least. This digital asset subsequently lost 80% of its value in its initial year. This was largely a result of a combined lawsuit surrounding the founder of Tezos and a bear market. Luckily, the innovative aspects shined through and Tezos saw a significant recovery in 2019.
For those investors who were patient enough to ride the wave or buy in at the dip, TEZOS rewarded with gains of over 500%. Alongside Chainlink and Binance Coin, Tezos was classed as one of the best-performing altcoins of 2019. But this year wasn’t unique.
In 2020, Tezos continued to see significant price surges ranging between 300-500% in combination with drops in the value of 50% which is synonymous with many cryptocurrencies. From its all-time low of $0.36, TEZOS has shocked many as it sites around its current all-time high of $5.60.
Over the past two years, this is a digital asset that has seen a price increase of around 1500%. But is this the right time to buy? Is Tezos about to experience yet another bull run? Let’s see what the experts have to say!
Expert analysis of the TEZOS price potential
One of the best tools we can use to try and determine the potential future price of Tezos is to analyze the opinions of various crypto experts. Let’s delve into four estimated growth outlooks for various industry experts and analysts.
Paybis
Overall, Paybis is bullish on the Tezos price prediction. Based on Tezos continuing to build partnerships with influential organizations and persisting with being a unique model that retains a solid support base, they believe Tezos has the potential to reach a new all-time high within 2021 and go on to reach over $100 per token by the year 2025.
WalletInvestor
WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to Tezos, they are also bullish but not as much as Paybis. Over the long term, WalletInvestor predicts that the price of Tezos could reach somewhere around $10.399 by the end of 2025.
DigitalCoinPrice
DigitalCoinPrice is fairly bullish on its Tezos outlook and expects the price to gradually increase over the long term following an initial drop from its all-time high. DigitalCoinPrice predicts it to drop slightly to $4.19 by the end of 2021, $5.92 by the end of 2023, and finally, a figure of $9.01 by 2025.
LongForecast
Although bearish in the short term, another rather bullish expert analysis on Tezos in the long term is LongForecast. They predict the price of Tezos in 2021 to potentially drop from its current ATH to $2.66 by the end of the year. In the following three years, they expect the price to go on the rise again to reach $4.27 by the year 2025.
So from over $2 in the short term and up to $1000 in the long term, the overall expert analysis on the future price of Tezos is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?
Technical analysis of the TEZOS price potential
Now we move onto technical analysis to try and predict the future price of TEZOS. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
TEZOS Price Prediction 2021 – 2022
Since the beginning of 2021, the price of TRX skyrocketed by 105% from $0.0268 to $0.0548. It’s predicted that the TRX price will rise an additional 87% in the second half of 2021 and it’s then expected to close the year at $0.1024. A year-to-year change of +283%.
TEZOS Price Prediction 2022 – 2023
After starting the year at $0.1024, it’s predicted that the price of TRX will rise to $0.1331 per coin in the first half of 2022, it’s then expected to gain $0.0052 and finish the year at $0.1383, which is a +152% gain on the current price.
TEZOS Price Prediction 2023 – 2024
After starting 2023 at $0.1383, TRX is expected to drop slightly to a figure of $0.1220 midway through the year before going on the rise again and ending the year at $0.1403 at an overall annual increase of 156% from the current price.
TEZOS Price Prediction 2024 – 2025
After starting 2024 at $0.1403, TRX is expected to rise to $0.1511 halfway through the year. The second half of 2024 is expected to see the price of TRX end the year at a slightly lower price than the first half of 2024 at $0.1394. That’s an overall annual increase of 154% on the current price.
Conclusion
In conclusion and based on present data, the TEZOS forecast provides a far more environmentally friendly investment opportunity than major blockchain assets like Bitcoin and Ethereum. For those who don’t find the environmental impact associated with conventional crypto attractive, TEZOS can be a suitable alternative.
Whilst many people can see the significant potential in the TEZOS forecast, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trader tools like eToro.
Where to buy TEZOS
TEZOS is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on TEZOS. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. TEZOS is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of TEZOS and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.