On this page, you will find the latest, most comprehensive, and up-to-date price data, technical indicators, and additional information.
Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
On top of that, you can look up the price of in other currencies, such as GBP, EUR, or INR.
XTZ Price & Basic Information
Currently, trades at $0.7, -1.56% compared to its price 24 hours ago. The last 24 hour’s volume was $0.
From a long-term perspective, is currently in a Downtrend. The Relative Strength Index shows Neutral signals.
XTZ Monthly Chart
|Short Term Trend||Downtrend|
XTZ Forex Values
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About Tezos (XTZ)
Tezos (XTZ) is a decentralized blockchain platform that enables smart contracts and decentralized applications (DApps). Launched in 2018, Tezos aims to provide a secure and efficient infrastructure for developing decentralized applications and the governance of blockchain protocols.
One of the unique features of Tezos is its self-amendment mechanism, which allows the platform to evolve over time without requiring hard forks. This means that stakeholders in the Tezos ecosystem can propose and vote on protocol upgrades, ensuring a more democratic and decentralized governance process.
Tezos uses a proof-of-stake consensus algorithm called “Liquid Proof-of-Stake” (LPoS), where token holders can participate in the consensus and validation of transactions by staking their XTZ tokens. Stakers are rewarded with additional XTZ for their participation, and they can also participate in the platform’s governance by voting on proposed protocol changes.
The Tezos blockchain supports smart contracts written in Michelson, a domain-specific language designed specifically for formally verifying smart contracts. Formal verification allows developers to mathematically prove the correctness of their smart contracts, enhancing security and reducing the risk of vulnerabilities and bugs.
XTZ is the native cryptocurrency of the Tezos platform and is used for various purposes, including paying transaction fees, participating in the staking and governance processes, and incentivizing network participants.
Tezos has gained attention for its focus on security, decentralization, and on-chain governance. Its ability to adapt and upgrade through a self-amendment process and its emphasis on formal verification sets it apart from many other blockchain platforms.
As with any investment or blockchain project, it’s important to conduct thorough research and consider various factors before making any decisions. Cryptocurrency investments carry risks, and understanding the underlying technology’s fundamentals and potential is crucial.