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 | 0.21 % | 3.14 % | 6.28 % | |
| Ethereum | 0.32 % | 1.95 % | 3.49 % | |
| XRP | 0.71 % | 0.60 % | 0.82 % | |
| Bitcoin Cash | 1.27 % | 3.73 % | 10.38 % | |
| Bitcoin SV | 1.54 % | 1.68 % | 10.29 % | |
| Tether | 0.00 % | 0.01 % | 0.01 % | |
| EOS | 0.53 % | 1.47 % | 9.33 % | |
| Litecoin | 1.24 % | 1.69 % | 3.40 % | |
| Binance Coin | 0.41 % | 1.28 % | 0.97 % | |
| Cardano | 1.51 % | 9.28 % | 20.00 % | |
| Ethereum Classic | 2.33 % | 11.78 % | 36.05 % | |
| TRON | 0.92 % | 3.17 % | 8.19 % | |
| Stellar | 0.81 % | 0.69 % | 3.48 % | |
| Monero | 0.21 % | 3.13 % | 3.13 % | |
| Tezos | 0.99 % | 3.07 % | 2.07 % | |
| Dash | 0.72 % | 2.07 % | 4.42 % | |
| ChainLink | 0.86 % | 2.70 % | 0.61 % | |
| LEO Token | 0.18 % | 0.40 % | 1.12 % | |
| OKB | 0.83 % | 5.04 % | 5.69 % | |
| Cosmos | 0.17 % | 2.74 % | 5.64 % |