So the bitcoin has been a hero of the cryptocurrency this year so far and has been beating all of its rivals. And with its dominance over the market, its value has been growing up to 70% for the very first time since the start of 2017.
Cryptocurrency may have reached its height in 2017 but that doesn’t mean it won’t have any rivals.
Tezos, another cryptocurrency ranks 16th largest cryptocurrency according to the CoinMarketCap data, and it has also gained more than 200% just like bitcoin since January and has a market capitalization that is approaching to $1.5 billion.
Tezos has again this week of 15% when a company called eTero that is a crypto brokage and a bitcoin company too showed interest and support to tezos, shortly after the largest US crypto and bitcoin exchange, adding the token to its platform last week.
E-Toro chief executive and co-founder, Yoni Assia said that:
“As financial institutions are moving more and more in the crypto world, ordinary investors should take advantage of these technological developments. That is why we are excited to add more coins like Tezos to our company.”
E tezo’s senior analyst wrote to a client that:
“Tezo appears to be a brilliant blockchain”
Tezos collapsed at the end of 2017 because of a dispute between the founders further and Kathleen of Tezos. And the president Johann Gevers of Swiss foundation helped to resolve the clash between them and helped them to establish the ICO and help develop and promote the computer network.
The Capital Chief executive of Dalma, Zachary Cefaratti said that:
“We see tezos as serious protocols for growing security token market and we are looking forward to securing deal flow on the blockchain of tezos”.
Cryptocurrency and bitcoin investor Tim Draper has also praised Draper calling its recent developments an exciting step and he said the:
“We are seeing the strong use case for security tokens and we believe in Tezos”
Tezos also hired a previous PwC executive as the CFO on the company in June.
Tezos latest development is that it has earned a great number of prominent wins for security token focused blockchain and the smart contract.
The ICO of tezos with Greenspan raised a record-breaking $232 million with a lot of hurdles of course. And he describes it as masked with a lot of drama and controversy.
The Bank of Brasilia is thinking of investing in tezos too.