353
140 shares, 353 points

Million Youtube channel Coin Bureau analyst shares the catalysts altcoin Tezos (XTZ) needs to recapture previous ATH levels during the current bull run. Let’s take a look at XTZ’s 2022 roadmap and the analyst’s price predictions.

Analyst thinks XTZ’s price could be doubled

Analyst nicknamed “The Guy” told 1.84 million YouTube subscribers in a new video that the long-term adaptability of Ethereum (ETH) rival to any environment

Tezos is one of the few cryptocurrencies that is clearly designed to evolve so that it can not only survive but thrive.

The analyst states that XTZ price is still undervalued three years later, especially regarding how Bitcoin (BTC) and Ethereum performed over the same period:

XTZ did not perform that well compared to most other cryptocurrencies, only about 10 times higher. Had ICO participants held their BTC and ETH instead, they would have earned almost 20x. Simply put, Tezos could be receiving a significant amount of money from XTZ sales, whether from initial allocation, staking and delegation rewards, or both.

Guy also shares the implications of this:

So-called sales by these and other entities such as institutional investors are probably the reason why XTZ’s price has been suppressed from the start with few exceptions.

Altcoin Tezos (XTZ) price prediction

Kriptokoin.com , whose analysis we shared with Guy, last April He continues to cite several key corporate partnerships that have driven up the price of XTZ, including game developer Ubisoft in May and Red Bull’s Formula 1 racing team in May. OneOf, the music-focused, NFT marketplace, was built on Tezos and raised over $60 million in capital last year. The YouTube host ends his analysis of XTZ with a price prediction:

The positive price trend since the previous bear market is clearly visible. If this momentum continues, I bet we could see XTZ retest the ATH level of $10 before the bull market ends.


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140 shares, 353 points

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