Although cryptocurrency as a whole has been on the rise, top coins have taken a hit due to the crash of FTX. Thankfully, regulation is in the works which will help stabilize the market and bring a certain amount of security for new investors. Chances are your search for Tezos predictions brought you here, so keep scrolling to see what the next 10 years might have in store.
What is Tezos?
Tezos is a blockchain platform that also happens to be open source. It is mainly used to perform transactions that are peer-to-peer and also to deploy smart contracts. The proof-of-stake network uses its own currency call Tez.
Tezos Recent Updates and Price Changes
Tezos has a market capitalization of just over $900 million dollars. Even though the value of the coin saw a 26% drop in the last three months, it has rallied by 3% in the last week alone. Being an affordable crypto that is ranked 44th out of the top 100, it is less risky than other coins.
Tezos Price Prediction for 2023- 2026
Calculated predictions for the price of Tezos for 2023 place it with a low of $2.19 and a high of $2.78. Forecast by the Economy Forecast Agency has Tezos priced at $3.48 for the average and $3.18 at the lowest for 2024. The prediction for 2025 from the Wave Model gives us an average price of $4.47 for the year, with a high topping out at $4.77.With the crypto market being market is also cyclical, every 4 years typically results in a bull run. Keeping that in mind Tezos should hit a high of $5.76 in 2026.
Tezos Price Prediction for 2027- 2029
As the Tezos continues to grow in popularity, so does its starting price. In 2027 we predict a maximum price of $6.75. The regulation slated for 2028 will bring with it stability, but also a short period of upheaval in which prices will stall at a minimum of $7.16. Thankfully, Tezos should come back stronger than ever with a mid-range price of $8.44 and a maximum price topping out at close to $8.74 for the year 2029.
Tezos Price Prediction for 2030- 2033
2030 will see marginal gains for Tezos with prices that range from $9.14 on the lowest end and $9.73 at the highest. Bloomberg Intelligence has stated that according to one of their senior commodity strategist, Tezos will reach a mid-range price of $10.32 in 2031 which is against the expected resistance. By the end of 2032, the Tezos coin is expected to surge to a price of $11.33 on the high end, which may fluctuate according to oil markets. The following year, in 2033 will see a low of $12.03 if the market turns bullish, or it could reach heights such as $13.39 at the 10-year mark.
Can You Still Get Good Returns By Investing in Tezos Now?
The massive crypto craze has died down, but the market is still ripe for investments. Tezos and other top cryptos have been garnering popularity among the new financial elite and generation X alike. Unlike at the start of the craze, massive overnight gains are no longer in the cards. However, moderate investments into Tezos can lead to longer-term gains that net a pretty penny.
Disclaimer: The crypto-currency market suffers from high volatility and occasional arbitrary movements. The information listed here is not financial or investing advice. Readers should research various viewpoints and check local regulations before committing to an investment. Nothing written above is to be considered as trading or investment recommendations.