{"id":414689,"date":"2020-02-14T19:00:03","date_gmt":"2020-02-14T19:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=414689"},"modified":"2020-02-14T17:51:34","modified_gmt":"2020-02-14T17:51:34","slug":"top-trader-tezos-cryptocurrency-can-surge-5-10x-after-100-rally-in-2-weeks","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/top-trader-tezos-cryptocurrency-can-surge-5-10x-after-100-rally-in-2-weeks\/","title":{"rendered":"Top Trader: Tezos Cryptocurrency Can Surge 5-10x After 100% Rally in 2 Weeks"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/tezos\" rel=\"nofollow\">Tezos<\/a> is the cryptocurrency that has the entire market buzzing, after an astounding 190% rally took the price of the altcoin to a new high.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Despite such massive gains already this year, a top crypto trader claims that Tezos could still pull another 5 to 10x in the future as the hype around the STO market builds.<\/span><\/p>\n<h2>XTZ Keeps Soaring, But Can Still Do Another 5 to 10x From Here<\/h2>\n<p class=\"p1\"><span class=\"s1\">Since the start of February alone, <a href=\"\/tag\/tezos\" rel=\"nofollow\">Tezos<\/a> is up over 115%. Since the start of the year, the crypto asset is up over 175% year to date.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">From the asset\u2019s October 2019 bottom, Tezos has gained a massive 390%. And from the altcoin\u2019s December 2018 bottom, it is up well over a staggering 1,000% ROI for investors who sniped the lowest possible low.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/02\/12\/this-top-10-cryptocurrency-is-surging-24-and-its-showing-no-signs-of-stopping\/\">This Top 10 Cryptocurrency is Surging 24%, And It\u2019s Showing No Signs of Stopping\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">From a numbers perspective alone, it is easy to see why Tezos has the entire crypto market buzzing. Valuations across the speculative asset class are driven almost entirely by hype, and few have the hype surrounding them that Tezos does.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">It\u2019s helped propel <a href=\"\/tag\/tezos\" rel=\"nofollow\">Tezos<\/a> into the top ten cryptocurrencies by market cap, and the asset is showing <a href=\"https:\/\/wncen.com\/2020\/02\/12\/this-top-10-cryptocurrency-is-surging-24-and-its-showing-no-signs-of-stopping\/\">little signs of slowing down its epic rally<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In fact, the rally can continue, according to one top cryptocurrency trader.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">According to the analyst, the trillions of dollars that may enter the market through an STO boom could help drive the price of Tezos as much as five to ten times higher than current prices.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Looks like Tezos is positioning itself to capture the entire STO market. If that&#39;s the case, it will be to STO&#39;s what <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Ethereum<\/a> is to ICO&#39;s.<\/p>\n<p>It &quot;can&quot; go another 5-10x in this bull market. <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Ethereum<\/a> exploded in a similar fashion.<\/p>\n<p>&mdash; Satoshi Flipper (@SatoshiFlipper) <a href=\"https:\/\/twitter.com\/SatoshiFlipper\/status\/81011969?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 14, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Security Token Offering Could Do for Tezos What ICOs Did for Ethereum<\/h2>\n<p class=\"p1\"><span class=\"s1\">STO stands for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Security_token_offering\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Security Token Offering<\/a>, and <a href=\"\/tag\/tezos\" rel=\"nofollow\">Tezos<\/a> is a platform designed to launch such tokens, much like Ethereum was used for ICOs during the 2017 crypto bubble.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">While the ICO market brought in billions into the crypto space, STOs are expected to attract trillions.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The theory is that if Ethereum was able to balloon to prices of as much as $1,400 per ETH token due to the ICO boom, then a similar STO boom could take Tezos to similar heights.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/tezos\" rel=\"nofollow\">Tezos<\/a> is currently trading at roughly $3.50 per XTZ token. At its bear market low, the asset was trading at prices around just 30 cents on the dollar.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/02\/11\/tezos-cryptocurrency-up-over-130-year-to-date-analyst-warns-not-to-fomo\/\">Tezos Cryptocurrency Up Over 130% Year to Date, Analyst Warns Not to FOMO\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">2019 closed at just over a $1 per XTZ token, and now the asset is already up 3 times that to over $3.50. The number ten cryptocurrency by market cap\u00a0is now in price discovery mode, searching for its next point of psychological resistance before any pullbacks are expected.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">And before a deep pullback occurs, the analyst expects another five to ten times more ROI from the soaring altcoin.<\/span><\/p>\n<pre>Featured image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Tezos is the cryptocurrency that has the entire market buzzing, after an astounding 190% rally took the price of the altcoin to a new high. Despite such massive gains already this year, a top crypto trader claims that Tezos could still pull another 5 to 10x in the future as the hype around the STO market builds. XTZ Keeps Soaring, But Can Still Do Another 5 to 10x From Here Since the start of February alone, Tezos is up over 115%. Since the start of the year, the crypto asset is up over 175% year to date. From the asset\u2019s October 2019 bottom, Tezos has gained a massive 390%. And from the altcoin\u2019s December 2018 bottom, it is up well over a staggering 1,000% ROI for investors who sniped the lowest possible low. Related Reading | This Top 10 Cryptocurrency is Surging 24%, And It\u2019s Showing No Signs of Stopping\u00a0 From a numbers perspective alone, it is easy to see why Tezos has the entire crypto market buzzing. Valuations across the speculative asset class are driven almost entirely by hype, and few have the hype surrounding them that Tezos does. It\u2019s helped propel Tezos into the top ten cryptocurrencies by market cap, and the asset is showing little signs of slowing down its epic rally. In fact, the rally can continue, according to one top cryptocurrency trader. According to the analyst, the trillions of dollars that may enter the market through an STO boom could help drive the price of Tezos as much as five to ten times higher than current prices. Looks like Tezos is positioning itself to capture the entire STO market. If that&#39;s the case, it will be to STO&#39;s what #Ethereum is to ICO&#39;s. It &quot;can&quot; go another 5-10x in this bull market. #Ethereum exploded in a similar fashion. &mdash; Satoshi Flipper (@SatoshiFlipper) February 14, 2020 Security Token Offering Could Do for Tezos What ICOs Did for Ethereum STO stands for Security Token Offering, and Tezos is a platform designed to launch such tokens, much like Ethereum was used for ICOs during the 2017 crypto bubble. While the ICO market brought in billions into the crypto space, STOs are expected to attract trillions. The theory is that if Ethereum was able to balloon to prices of as much as $1,400 per ETH token due to the ICO boom, then a similar STO boom could take Tezos to similar heights. Tezos is currently trading at roughly $3.50 per XTZ token. At its bear market low, the asset was trading at prices around just 30 cents on the dollar. Related Reading | Tezos Cryptocurrency Up Over 130% Year to Date, Analyst Warns Not to FOMO\u00a0 2019 closed at just over a $1 per XTZ token, and now the asset is already up 3 times that to over $3.50. The number ten cryptocurrency by market cap\u00a0is now in price discovery mode, searching for its next point of psychological resistance before any pullbacks are expected. And before a deep pullback occurs, the analyst expects another five to ten times more ROI from the soaring altcoin. Featured image from Shutterstock<\/p>\n","protected":false},"author":517,"featured_media":414691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[6664,1558,71033,10694],"class_list":["post-414689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-crypto","tag-cryptocurrency","tag-satoshiflipper","tag-tezos"],"acf":[],"yoast_head":"\n<title>Top Trader: Tezos Cryptocurrency Can Surge 5-10x After 100% Rally in 2 Weeks<\/title>\n<meta name=\"description\" content=\"Tezos is the cryptocurrency that has the entire market buzzing, after an astounding 190% rally took the price of the altcoin to a new high. 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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