Tezos Price Surges 57% in Days as Coinbase Fuels Another Crypto Rally
The week is ending on a hugely positive note for the Tezos cryptocurrency.
Tezos Races Ahead of Wider Crypto Market
The blockchain project’s native asset XTZ today established a new weekly high towards $1.08 – up more than 17 percent in the last 24 hours. The latest push also brought the coin’s weekly gains to 57 percent, bringing the price a few steps closer to its November 19 high at $1.09.
No other top-20 cryptocurrency came close to matching the breakneck Tezos rally.
TEZOS’ XTZ WEEKLY PRICE PERFORMANCE | SOURCE: COINMARKETCAP.COM
Volume-wise, crypto exchanges listing XTZ-enabled pairs reported trading activity worth a little above $8.2 million. Among those were Gate.io, a China-based cryptocurrency exchange, that posted 27 percent of the total XTZ daily volume. Aside from that major slice, Tezos trading appeared well-distributed.
Interestingly, Tezos attracted considerable volume from fiat markets. On Kraken, a regulated US exchange with international markets, the euro contributed 9.23 percent of the coin’s total daily volume. At the same time – and on the same trading platform – USD accounted for $477,000, according to a 24-hour adjusted timeframe.
XTZ Rally: Fake or Genuine?
Genuine, no doubts about that.
Original Source
| CryptoCurrency | USD | Change 1h | Change 24h | Change 7d |
|---|---|---|---|---|
| Bitcoin | 0.54 % | 0.19 % | 4.81 % | |
| Ethereum | 0.18 % | 0.72 % | 1.78 % | |
| Tether | 0.01 % | 0.13 % | 0.07 % | |
| XRP | 0.06 % | 0.06 % | 1.40 % | |
| Polkadot | 0.14 % | 5.93 % | 4.76 % | |
| Bitcoin Cash | 0.04 % | 0.51 % | 0.93 % | |
| Chainlink | 3.95 % | 4.48 % | 17.54 % | |
| Binance Coin | 0.07 % | 0.95 % | 5.06 % | |
| Crypto.com Coin | 0.26 % | 0.30 % | 1.43 % | |
| Litecoin | 0.02 % | 0.50 % | 5.21 % | |
| Bitcoin SV | 0.24 % | 0.58 % | 4.71 % | |
| Cardano | 0.24 % | 0.41 % | 6.57 % | |
| EOS | 0.09 % | 0.81 % | 4.41 % | |
| USD Coin | 0.21 % | 0.06 % | 0.20 % | |
| TRON | 0.39 % | 3.58 % | 16.08 % | |
| NEO | 0.38 % | 0.33 % | 12.06 % | |
| Tezos | 1.32 % | 0.46 % | 9.28 % | |
| OKB | 0.52 % | 0.22 % | 7.17 % | |
| Monero | 0.13 % | 0.85 % | 7.76 % | |
| Stellar | 0.16 % | 0.32 % | 7.12 % |