Tezos Weekly

24 Sep 2021

Zoomed out, we see that this has been in an uptrend since inception. This project does not get the fanfare of some of the others (Sol, Atom) but if you look at the solid demand over the past few months it's apparent that it''s only a matter of time until this coin rockets up in price discovery. Right now, 77% is staked and earning it's holder interest, and I'm not planning on selling anytime any time soon either, although it would be silly not to take profit here and there as we start to reach my targets (in my last post). Overall this is a long hold with amazing fundamentals, on-chain governance models that are future looking, and a good inflation rate to support further growth (inflation is not always a bad thing) as new market participants start to take interest in Defi and NFTs with low fees (try entering a contract or minting an NFT on Ethereum right now). Even though I'm still an Eth bull (have been since early 2017) I refuse to pay the fees and have started to put most of my long term ETH hold into the ETH 2.0 contract.