Let’s talk about Tezos (XTZ). For a long time, the joint United States–Swiss altcoin has had a strong reputation, yet a checkered past. Only recently has the price begun to reflect the faith that many already had in the protocol. However, is the rapid rise of Tezos justified, or is it another case of crypto “FOMO”?
Tezos hit an all-time high of $3.70 earlier this year in February. The price has subsequently pulled back, but overall, XTZ is still outperforming the majority of altcoins. This drop does not appear to represent a lack of interest from the market.
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