Tezos (XTZ) To USD Price Up By Over 8% Amid Prospects Of Tokenization And Wider Market Sell-off – Tezos News Today

Since before the Tezos launch, Tezos (XTZ) has always had a strong position against the USD. In most cases, the Tezos to USD price on CoinMarketCap glows in green. Apart from in few exceptional cases when the bears put too much pressure on the market for Tezos to stand, it typically outperforms many altcoins. During trading on Tuesday, the price of Tezos outperformed the price of other altcoins. This was partly due to the reports of an upcoming Tezos tokenization project for the real estate sector. Could this entry into the real estate market be the game changer of Tezos?

Tezos To USD Price Analysis – Tezos To USD Price Prediction – Tezos And The Real Estate

Tezos is one of the many multi-purpose blockchains out there. However, it is an especially good option for tokenization because it facilitates flexible on-chain governance and formal verification. While it can be used in any industry, the application of Tezos in the real estate industry will be disruptive. This may become possible in the near future with its white label partnership with two other blockchain projects. This partnership involves Elevated Returns, (real estate tokenization platform), and another company AlphaPoint, (a project that supports security token offerings (STOs). The goal of the partnership is to build a digital real estate exchange on Tezos. This would allow institutions to issue and trade digital assets.

Bitcoin (BTC) Price Today – BTC / USD

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Bitcoin(BTC)
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With the creation of Bitcoin, the way the world viewed money and investment changed. Thanks to the process of tokenization, which is made easy with multi-purpose blockchains like Tezos, investment is no longer limited to institutional investors or multimillionaires. micro-investors can now make real estate investments through tokenization. Statistics have shown that in the next six years, the tokenization market will be worth as much as $24 trillion and Tezos is one of the altcoins that would take the lead in this market. If the prospect can cause a spike in the price of Tezos, what would happen when it is implemented?

Tezos To USD – Tezos Price Analysis – Tezos Current Price

On Tuesday, the price of Tezos was up by over 10% against the USD. It moved as high as $1.49 at a time when many other altcoins were bleeding out against the USD. In the first week of January, Tezos was the 23rd largest cryptocurrency per market capitalization. This week, it is the 15th largest cryptocurrency per market capitalization. The current Tezos to USD price is $1.22. This means that it is up by 8.39% against the USD and up by 9.09% against the price of BTC. The trading volume over a 24 hour period is $6,211,195 and the market capitalization is $809,898,590.

With this new partnership, Tezos will become more valuable. Investors will be more likely to purchase Tezos. This would influence the Tezos to USD price in the long run because the demand for Tezos will increase. If you’ve been considering buying an altcoin, Tezos may be a good option for you. It is one of the most prospective projects out there and it has been added to the list of possible “Ethereum killers”.

What do you think about the Tezos to USD price surge that has been fairly consistent since the Tezos launch? Will this surge continue? Share your thoughts in the comment section below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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