Cryptocurrency Market Update: Tezos Jumps 25% as Mainnet Launch Looms



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The markets are rather flat this Saturday; Tezos, Monero and Nano have a good start to the weekend.

The cryptography markets remained stable at the beginning of the weekend. No more gains have been made but they also have not The total market capitalization has remained above $ 200 billion at the moment.

Bitcoin has not moved in 24 hours and is still trading at $ 6,530. It could go back up to $ 6,600 and bounce back on the resistance level or make a breakthrough. The technical indicators are currently on a downward momentum. Ethereum maintained its gains and added an additional 4% today to bring it to just over $ 215.

Altcoins are mainly in the green this morning according to Coinmarketcap. The top 10 see Monero in the lead with a 9% gain to $ 122, while Litecoin is up 7% to $ 58 and Bitcoin Cash has slightly lost. Further down the list, things are rather flat, Binance Coin is up 5% and Zcash 6%. Nano is doing well today, with a gain of 14% to 2.67 dollars.

tezos

The current FOMO champion is Tezos, who pushes 25% of his capital at $ 1.62. During the week, XTZ jumped 38% from $ 1.23 and the volume went from $ 2 million to nearly $ 7 million for the day. The main launch of Tezos is imminent and Monday will see it go online;

This generates momentum for the weekend and Gate.io achieves the bulk of the trade with over 70%. Tezos realized nearly 40% on the month when most other altcoins collapsed. After Tezos and Nano, Maker, Aurora and MOAC are the only other two-digit altcoins at the moment, with three chips of 10 to 12% on the day.

The total capitalization of the cryptographic market has increased by about 1% per day and is currently at $ 202 billion. The volume of trade, however, decreased from $ 14 billion to $ 11 billion. The dominance of bitcoin is also declining a bit and is now at 55.6%.

You will find more information about Tezos here: https://www.tezos.com/

FOMO Moments is a section that reviews the 20 best altcoins daily during the current trading session and analyzes the best performances, looking for trends and possible fundamentals.

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