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Binance Listing Gives Short-Term Boost to Tezos (XTZ)

Published 09/24/2019, 03:50 AM
Updated 09/24/2019, 05:01 AM
 Binance Listing Gives Short-Term Boost to Tezos (XTZ)

Tezos (XTZ) finally gained a Binance listing, after years of expectations and campaigning. The network, which launched with significant problems, promised to revolutionize distributed computing.

https://twitter.com/RNR_0/status/1176094655974465536

The Binance listing helped XTZ get a short-term boost, to trade above $1.11. Later, the asset retreated to $1.09. The actual listing failed to lift XTZ above the peak of trading in July, but still boosted activity.

The chief expectation for XTZ is that the coin has never gone through a significant rally, unlike other platform coins. But XTZ has yet to prove it can attract investors that are reluctant about the future of altcoins.

The Tezos network is also rather inactive, with the Tezos block explorer showing just ...

This article appeared first on Cryptovest

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