
Tezos price prediction is one of the most popular search terms since XTZ wreaked havoc among crypto bears in the last couple of months.
Before we dive into the nuts and bolts of this Tezos price prediction, let’s quickly check what is XTZ all about.
You can buy, trade and stake Tezos on many exchanges including the leading platforms like eToro, Cex.io, Coinbase and Binance.
What you'll learn 👉
Tezos Intro
Tezos is a novel blockchain, another “Ethereum killer” that was first proposed in a paper released in Aug. 2014 with more specifics announced in a whitepaper released in Sept. 2014. The Tezos blockchain is designed with a focus on on-chain governance, allowing token holders to vote for proposed changes to functionality in order to avoid forking the network.
In 2015 the founders, Kathleen and Arthur Breitman established a company called Dynamic Ledger Solutions which was responsible for writing the initial code for Tezos. At the core of this codebase is a self-amending protocol, a system to formalize proposing, voting for, and implementing changes to the functionality of the network. Once a proposal has been made holders of Tezos (XTZ) tokens are able to vote with a weighting of one vote per token.
Tezos blockchain uses a modified version of a delegated proof-of-stake (DPoS) system where stakers, called bakers within the network, can lock up their tokens in exchange for the ability to validate blocks. In Tezos more liquid DPoS system users are able to “delegate” tokens to bakers without transferring ownership. Rewards for validating blocks are distributed to bakers in the form of new XTZ tokens with a proportional amount of the reward distributed to wallets that have delegated tokens to the baker. This enables smaller token holders to participate in the validation (and reward) process if they hold less than the required amount to become a full baker.
Our XTZ Token Price Prediction for 2021
It is quite clear that cryptocurrency price predictions should be taken with a grain of salt, but there are factors to look out for that will almost certainly have a bearing on the future price of the wider cryptocurrency market. This includes:
- The level and nature of regulations imposed in dominating cryptocurrency markets
- The level of cryptocurrency adoption in the coming year and beyond
- The level of growth in the cryptocurrency futures market
- The utility of tokens and the ability of the underlying technology to solve real-world problems
Since the whole market is tightly correlated, general sentiment is always the first thing to check before predicting the prices of individual coins. So, let us do a quick overview of the market. After a brutal crypto winter in 2022, the market has shown signs of life in 2023. Bitcoin has rallied 80% so far, putting it on track for its best year since 2020. Ethereum is also up 50% year-to-date. Several factors have fueled this crypto rebound. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval. Meanwhile, inflation has triggered a crypto comeback as digital assets gain appeal as an anti-inflation hedge. However, major headwinds persist. The total crypto market cap stands at $1.1 trillion after peaking at $3 trillion in late 2021. And volatility remains high. Bitcoin spiked to a 2023 high near $32,000 in May but has since pulled back below $30,000 amidst intensifying regulatory scrutiny. The SEC continues targeting top exchanges like Coinbase and Binance. While the worst of crypto winter seems over, the road to full recovery looks long. But institutional adoption continues growing steadily, and some analysts forecast Bitcoin topping $100,000 within a couple years. Regulatory actions remain crucial to watch. If cryptocurrencies can cement themselves as digital gold safe havens, macro trends could fuel their next bull run. But more clampdowns present downside risk. After a tumultuous 2022, 2023 shows crypto turning a corner - but uncertainty still looms large.
Below is a tabular overview of how will Tezos develop in the short-term (for the next 90 days), according to our prediction model:
As for XTZ, the popularity of their staking mechanism and its role as a price driver can’t be emphasized enough. This is the major positive price force for Tezos as more and more cryptocurrency exchanges branch out into staking as service. Tezos is regularly the number one coin that is offered as a staking product. Not only Coinbase, but Cex.io and now Binance have all entered this sector of crypto industry and all of them already offer Tezos as the first staking coin on their platforms.
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Tezos price prediction 2022
Vooruitkijkend naar de tweede helft van 2023 laat de cryptocurrency markt veelbelovende tekenen zien van een potentiële opleving. De winst van Bitcoin met 80% tot nu toe en de hernieuwde institutionele interesse wijzen op een positief momentum. Ondanks uitdagingen op het gebied van regelgeving blijft de markt veerkrachtig, met een totale kapitalisatie van $1,1 biljoen. De verwachtingen zijn hooggespannen voor een positieve en voorspoedige periode die voor ons ligt, met experts die de markttrends en institutionele crypto-activiteit nauwlettend in de gaten houden.
CaptainAltcoin’s voorspellingsmodel houdt rekening met het marktsentiment en reageert daarop. Hieronder een uitsplitsing per maand van de laatste maanden van 2022 en 2023:
XTZ Price Prediction 2025
Our prediction model sees XTZ reaching $ 6.94 in 2025.
What will XTZ be worth in 5 years?
The price of XTZ in 5 years could lie around $ 1.61, according to CaptainAltcoin’s prediction model.
Tezos Price Prediction 2030 – 2040
What Tezos will be worth in 2030?
Our forecasting model sees Tezos reaching $17.34 in 2030.
What Tezos will be worth in 2040?
Our forecasting model sees Tezos reaching $34.68 in 2040.
Will Tezos replace / surpass / overtake Bitcoin?
No, Tezos will not replace or overtake BTC.
Is Tezos worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Tezos is worth buying.
Is Tezos a good investment?
Tezos is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Tezos be worth?
For the short-term future, it could reach $0.5878. In the long-term (8-10 years), it could jump to $17.34 or even higher.
Why will Tezos succeed and go up in price?
Tezos has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Tezos rising up to $17.34 in 2030.
Why will Tezos fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
Can Tezos reach $100?
Yes, it is possible that Tezos can reach $100 but only in a distant future, after 2030.
How high will Tezos go?
Our forecasting model sees Tezos price exploding and reaching $34.68 in a distant future.
What is the short-term prediction for Tezos?
Tezos will reach $0.5878 in the next 90 days, which is a 12.7% change over the current price which hovers around $0.6734.
Can Tezos make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Tezos millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Tezos could make you a millionaire.
Tezos Price Prediction Today - What will be the price of Tezos tomorrow?
Tezos will hover around $0.6850 tomorrow.
Can Tezos reach $10?
Yes, Tezos could reach $10 by the end of 2024.
Tezos Coin (XTZ) Price Prediction long-term outlook
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
However, not all projects have the same chance of failing (risk), nor do they have the same potential upside (reward).
As a result of ICO teams’ incompetence and lack of integrity, fueled by basic human instinct that is greed and crypto investors’ naivety, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will XTZ be among those 5%?
It stands a good chance of doing so.
Due to the scalability, problems with smart contracts and formal verification plaguing Ethereum, Tezos has a great opportunity to become the dominant chain in the cryptocurrency ecosystem. Through it’s self amending protocol, Tezos will be able to upgrade and evolve over time which is a strong characteristic of a 3rd generation blockchain. However, when we consider that even Ethereum is a highly experimental technology, Tezos’ completely unproven approach to blockchain and protocol development is a double-edge sword.
Tezos, as a project, is also extremely well-funded from the Tezos Foundation which is sitting on a pot of nearly $500 million according to disclosures from October 2018.
History has shown that truly innovative technology always takes longer to develop, costs more to fund, and is frequently doubted before officially coming to market. Despite XTZ having been around for quite some time (~2 years, or 200 years in crypto-years), the innovative efforts and challenges Tezos is taking head on are easily some of the biggest in the crypto world. Patience is a virtue…
However, before we can expect Tezos to see large adoption, it’s fair to say the broader crypto world will need to see some adoption of its own. It’ll take time, an effective marketing campaign, greater awareness, further development, and meaningful partnerships to exist before one can expect a ramp in adoption.
This makes Tezos one of the most intriguing projects to have in your portfolio – the upside is huge but the risk is even bigger. Investment in XTZ makes sense only on a very long time scale and proper expectation management – it could easily end ingloriously.
Realistic XTZ Price Prediction
Tezos Forecast – Conclusion
We don’t yet know which crypocurrencies will make it out of the crypto winter we’re wandering in right now. There are plenty of coins that stand a good chance of weathering the crypto storm and perhaps becoming more relevant as the market contracts and devours some of the weaker projects. However, there are even more of those projects who are already dead but no one noticed yet.
But, looking at things from this point in time and place, it’s reasonable to say that Tezos is standing in a better position than many of its competitors.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com