How Much Will Tezos Be Worth In 2021 And Beyond?
How has the recent bull run affected the outlook for Tezos? If you’re wondering ‘is Tezos a good investment?’, you’re in the right place.We’ll be sharing the top Tezos price prediction for 2021 and beyond. we’re taking a look at Tezos XTZ to find out what the experts have to say about its future performance and how much will Tezos be worth in 2021 and beyond.
In early December, the price of Tezos was $2.41 and its market cap was $1,811,686,035. This meant it was the world’s19th largest cryptocurrency — but how have those figures changed over the last few months?
The national media may have been preoccupied with the monumental growth of Bitcoin, but for crypto investors, the latest bull run has brought much food for thought. It’s not just the so-called ‘king of cryptocurrency’ that’s rocked in value since late 2020. Even Tezos, which has mainly been slow and steady since its record-breaking launch via ICO in 2017, has been caught up in the growth.
At the time of writing, Tezos has a price of $3.69 and a market cap of $2.8B. However, this isn’t quite as impressive as it sounds. XTZ may have surpassed its previous all-time high (ATH) of $4.36, but its performance hasn’t been enough to give it a competitive edge. It’s now the 28th largest cryptocurrency in the world, meaning that nine other assets have overtaken its lead.
In this article, we’ll share some of the top Tezos price predictions for 2021-2025. We’ve found the updated forecasts to help answer the question ‘is Tezos a good investment?’, so keep reading to find out more.
Tezos (XTZ) is the world’s 19th largest cryptocurrency. It launched via an Initial Coin Offering (ICO) in 2017, when it broke records with its incredible $232 million investment — but for the majority of 2020, investors and analysts alike have been rather disheartened by its recent performance. Thankfully, that’s now starting to change, leaving many people wondering what the long-term prospects of this digital asset are.
Tezos is a smart contract platform that’s set apart from the competition by its on-chain governance model (more on that later). Its native token is known as the tez or tezzie (XTZ). As a third-generation cryptocurrency, its founders were keen to avoid some of the pitfalls that older cryptos — particularly Bitcoin — have fallen into. These include Bitcoin’s proof-of-work algorithm and its controversial hard forks.
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Want to find out more about Tezos XTZ? You’re in the right place. Whether you’re wondering ‘is Tezos a good investment 2021?’ or simply want to keep ahead of the cryptocurrency trends, read on to discover some of the key Tezos price predictions for 2021 and beyond.
What Is Tezos (XTZ)?
To understand each Tezos price prediction, it’s vital to understand exactly what Tezos is and why it differs from the majority of other cryptos on the market.
As we mentioned in the introduction, Tezos is a platform that supports the use of smart contracts. The Smart contracts automatically encode the specific terms of a transaction, such as the amount of money you’re paying and the party you’re paying it to. Because the terms of each transaction are written into the technology that facilitates the payments, this means that Tezos is completely transparent — an attractive feature for many traders. (According to the developers of the cryptocurrency, the name ‘Tezos’ comes from the Greek word for a smart contract).
Another defining feature of Tezos is its self-governing model. Its governance rules allow stakeholders to approve protocol upgrades that can then be immediately deployed on the network. Not only does this mean that the network can adapt to change quickly, but it also means that users are directly involved in the governance of the blockchain. This results in a more democratic network.
Despite the attractiveness of the Tezos blockchain — and the record-breaking nature of its ICO — the crypto was plagued with difficulties at its release. A dispute between its founders meant that the launch of the platform was delayed indefinitely, causing investors to launch a legal case against the Tezos Foundation. This case was dropped when Tezos originally launched, which happened way behind schedule in 2018.
Short-Term Tezos Price Prediction: 2021
Tezos XTZ price prediction for 2021
What are crypto experts forecasting for Tezos XTZ in 2021?
When we first explored the Tezos price predictions in December 2020, many platforms believed that the crypto was in for a volatile ride. Although the Italian crypto platform Previsioni Bitcoin had the most optimistic outlook, expecting XTZ to rocket past its previous ATH to hit staggering values of over $18, others weren’t so positive. Digital Coin Price, for example, thought that Tezos could fall to -$4.76 at its yearly low. So, what do the experts think now?
Let’s start by revisiting Digital Coin Price. In a welcome change of mind, the platform’s updated forecasts are worlds away from its gloomy predictions of 2020.
Although Digital Coin Price still expects to see a certain level of volatility, existing Tezos investors can breathe a sigh of relief if this prediction is correct. In place of the negative values that we saw last year, this graph shows that the price of XTZ could be set for a new ATH of $6.02 in April 2021. Although it won’t sustain this price for the entirety of the year, its yearly low is an impressive $4.79 — still safely higher than its previous ATH.
These prices give Tezos an average price of approximately $5 for 2021. This is very encouraging indeed, especially when contrasted with the predictions we saw last year. While Digital Coin Price might not expect the sky-high values we saw from Previsioni Bitcoin, it still suggests that Tezos is in for a bright future.
One of the platforms that think it could have the answer is the Italian crypto website Previsioni Bitcoin. This site has been optimistic about the outlook for many different cryptocurrencies in the past, and it’s clear that Tezos is no exception, as we can see from the graph below:
According to Previsioni Bitcoin’s in-house algorithm, it predicts that the price of Tezos will open in March 2021 at a value of $2.52. For the first six months of the year, we’re likely to see a very gradual rate of growth. The turning point will apparently come in July when the price will hit $4.9059. From here, the trend becomes significantly more bullish, with the price of XTZ soaring up to hit an incredible $18.78 by December 2021.
If this prediction is correct, it means that Tezos could be set to rocket past its previous all-time high (ATH) of $4.8606. This would be excellent news for investors and anyone hoping for a positive answer to the question ‘will Tezos go up?’. So, do the other Tezos predictions agree with Previsioni Bitcoin?
Our second short-term price prediction for Tezos (XTZ) comes from Long Forecast. The investment platform isn’t as optimistic as Digital Coin Price, but doesn’t believe that the asset will drop significantly over the course of the year.
Tezos Price predictions in 2021
With a yearly low of $2.80 and a yearly high of $5.63 — both of which Long Forecast expects to happen this month — it’s clear that the asset will get off to a shaky start. As 2021 continues, however, the platform believes that the price of Tezos will start to stabilize slightly, hovering around an average of $3.50. This might not be the monumental bull run investors have been hoping for, but it’s still a reasonably uplifting prediction in the face of such uncertainty.
Does Wallet Investor agree with either of these predictions? The good news is that it favours the same outlook as Digital Coin Price. Both platforms believe that Tezos could be heading for a new ATH of around $8, as we can see from the graph below.
According to Wallet Investor’s calculations, Tezos will continue to climb until a little dip occurs around March 2021. This will take the asset’s price down to just under $4 (still an impressive yearly low) but may just be a bearish adjustment — after all, a subsequent bull run could send it soaring back up, hitting highs of around $5.5 in June. This pattern will continue as the year progresses, with Tezos sinking back down to a respectable $4, only to leap up to its yearly high of $6.
Wallet Investor’s average price predictions claim that Tezos will range from around $3.95 to $6. Its maximum predictions place these figures closer to $6.6 and $9.8, while its minimum predictions range from around $3.2 to $4.6. Even its lowest figures aren’t too discouraging, which is excellent news for current investors who have previously despaired over the asset’s slow progress.
What Will Be The Price Of Tezos In 2021?
According to the predictions, the price of Tezos could hit $6 before the end of 2021. This would signal a new ATH for the asset, after years of pretty underwhelming prices prior to its latest bullish run.
Although Long Forecast is less optimistic about the outlook for XTZ, even its minimum predictions aren’t too dispiriting. It believes that Tezos could be worth between $5 and $7 on average, eventually closing 2021 at $6.77.
Will Tezos go up in 2021?
It looks incredibly likely that the price of Tezos will go up in 2021. Even the most pessimistic of the predictions we included believe that Tezos won’t sink below its December 2020 value, suggesting that 2021 could be a standout year for the controversial asset.
Additional 2021 price predictions for Tezos include:
- Elevenews: $6.279
- Trading Beasts: $7.0944
- Previsioni Bitcoin: $9.14475
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Long-Term Tezos Price Predictions: 2022-2025
What are crypto experts forecasting for Tezos XTZ in 2022 and beyond?
One of the most striking long-term Tezos price predictions that we included in our previous article came from Digital Coin Price. According to its (now updated) calculations, it wasn’t just 2021 that would see the asset slip into negative figures. For 2024, the platform predicted that XTZ would remain between -$0.67 and -$3.89 for the first nine months of 2024, before jumping back up to $4.80 in October.
This level of volatility would have been unprecedented. So, how does Digital Coin Price’s updated forecast compare?
Gone are the staggering levels of volatility that Digital Coin Price predicted back in December. Taking a look at its predictions for 2022-2028, we can see that the outlook is far smoother, with Tezos climbing steadily in value year-on-year. The platform has quoted the following price targets for the coming years:
- 2022: $6.01
- 2023: $7.39
- 2024: $9.21
- 2025: $11.25
- 2026: $12.52
- 2027: $13.56
- 2028: $15.3
Although we saw similar figures from Previsioni Bitcoin, who sensationally predicted that Tezos would reach $18 by the end of 2021, this forecast seems a lot more realistic. It’s a far cry from the prediction that Digital Coin Price made in December. If this proves to be accurate, it would mean that the price of Tezos would more than double in the run-up to 2030. For anyone wondering ‘is Tezos a good investment for 2030’, this should be welcoming news. But do the other predictions agree?
Our second long-term price prediction for Tezos 2022-2025 comes from Trading Beasts.
The table below shows its forecast for Tezos prices 2024:
|Month||Minimum Price||Maximum Price||Average Price|
Unfortunately, Trading Beasts’ predictions don’t live up to those from Digital Coin Price. At no point does the platform expect the price of Tezos to increase above $5.02 (which is much lower than Digital Coin Price’s maximum predictions), believing instead that it will hover between $2.5 and $4 on average. This is more pessimistic than many of the predictions we saw for 2021, so it would definitely be disappointing to see such values in a few years’ time.
Noticeably, Trading Beasts has given very similar predictions for both 2022 and 2023. Although it doesn’t expect the price of Tezos to pass $4 before 2023, the overall growth rate is incredibly small. This doesn’t bode well for any investors who are wondering whether the asset’s recent bull run is nothing but a fad.
For December 2022, 2023, and 2024, Trading Beasts has given the following minimum, maximum, and average predictions:
- December 2022: minimum = $2.57, maximum = $3.77, average = $3.02
- December 2023: minimum = $3.35, maximum = $4.92, average = $3.93
- December 2024: minimum = $2.70, maximum = $3.96, average = $3.17
The good news is that Wallet Investor is much more optimistic. Although its minimum predictions hover around $5 for the duration of the year, its maximum predictions are much healthier, maxing out at $16.15 by the end of December 2025. This gives an average prediction of around $10 for most of the year — an encouraging sign for anyone wondering ‘will Tezos hit $10?’
Although it’s common for cryptocurrency predictions to vary, these forecasts are incredibly inconclusive. If you’re no closer to answering the question ‘is Tezos a good investment?’, then it’s important to look ahead to 2022-2025 to see if the long-term outlooks are any more positive.
Let’s begin by returning to Previsioni Bitcoin. Considering its predictions for 2021 were (by far) the most optimistic of the three we’ve included in this article, does the platform believe that Tezos will continue its bullish performance into 2022 and beyond?
Clearly, Previsioni Bitcoin doesn’t expect Tezos’ breakout trend to be sustainable. Although this graph looks optimistic when contrasted with the 2021 forecasts from DigitalCoinPrice and Trading Beasts, it shows an undeniably bearish run. The platform predicts that the price of XTZ will slide back down to $12.83475 by April, continuing to hover between $12 and $14.5 for the next six months before crashing down to $9.30225 in November. It does expect this to climb back up to $11.65725 before the end of the year, but this is still much less optimistic than its expectations for 2021.
Thankfully, however, the good news is that other predictions are more positive. Cryptocoinsociety.com believes that Tezos will hit $24.06 in 2025. The platform cites Tezos’ stable self-governance and its ability to host smart contracts as two factors that could help drive this growth.
As a long-term investment, it projects that Tezos could perform very well. According to its predictions, the value of the Tezos XTZ token could rise to $4.56 by the very end of 2021, rising to $6.21 in 2022, and achieving a mean price of $15.42 by 2025.
What Will Be The Price Of Tezos In 2025?
Our long-term predictions are less conclusive than those for 2021. Trading Beasts doesn’t expect the price of Tezos to increase much between 2022-2025, believing the asset will close in December 2025 at an average price of just $3.17137.
Wallet Investor and Digital Coin Price, on the other hand, are much more optimistic. They both believe that Tezos could be worth around $15 in 2025.
Will Tezos go up in 2025?
On the whole, it seems likely that Tezos will go up in 2025 — at least according to Wallet Investor and Digital Coin Price. With a potential top price of $16, the outlook is currently positive.
Other long-term price predictions for Tezos in 2025 include:
- Crypto Coin Society: $24.06
- Elevenews: $18.634
- Long Forecast: $5.40
Conclusion: Tezos XTZ Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Tezos XTZ price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.
How Has The Price Of Tezos Changed Over Time?
Analysing the past performance of Tezos is one of the most important steps to take if you’re looking to invest in, so let’s take a look at how the price of Tezos XTZ has changed in the past.
As we mentioned earlier in this article, Tezos’ performance upon entering the market was slightly disappointing. The fact that the cryptocurrency took so long to be released meant that investor interest had dwindled, and in some cases, morphed into indignation. As a result, the high prices that had been promised by its record-breaking ICO never really materialized, leaving many people feeling disillusioned by the time it was actually possible to start trading XTZ.
The chart from Coinlib.io outlines the price history of Tezos since 2017:
Once it was launched, Tezos’s performance was mainly quite static. Unlike the majority of the cryptocurrency industry, it missed out on the huge levels of inflation that shook the market in 2017-2018. Whereas most assets experienced their ATH during this period (Bitcoin hit $20,000 while Ripple XRP grew by a staggering 36,000%), Tezos is unusual in that its second most-recent ATH happened in 2020.
One of the biggest crashes we can see on the graph occurred back in March 2020. Although Tezos wasn’t caught up in the market explosion of 2017-2018, it didn’t escape the industry-wide crash that happened as the novel coronavirus swept through the world. The price of almost every cryptocurrency fell drastically as investor confidence took a serious hit.
Between Monday, 24th February, and Monday, 16th March, the price of XTZ fell from a value of $2.8137 to just $1.5099. Although it managed to recover and even climbed back up to achieve a new ATH in August, this showed how quickly global events can transform the market and cause assets to crash.
Luckily, Tezos was caught up in the most recent bull run, although its progress hasn’t been as impressive as others. From January 1st, 2021, the price of Tezos has increased from $1.990 to its current value of $3.59. It even shot to $5.419 on February 15th — a short-lived but welcome ATH.
In the next section of the article, we’ll be taking a closer look at some of the other factors that can affect the price of Tezos XTZ.
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What Factors Affect The Price Of Tezos?
In addition to looking at the top cryptocurrency predictions, it’s important to understand some of the key factors that can affect the price of assets such as Tezos. This will make it easier for you to predict potential breakout periods (or crashes) in response to current events.
Although predictions are a great place to start if you’re wondering ‘is Tezos a good investment?’, you can’t rely on forecasts alone. The market can be shaken by factors that are truly unpredictable, with this year’s coronavirus crash serving as a prime example. By understanding how different events can impact the price of Tezos, you can create a more effective contingency strategy if anything unexpected happens.
Let’s take a look at the top three factors that can affect the price of XTZ.
Supply and Demand
This is the number one factor that will determine whether the price of Tezos is likely to go up or down. When the supply of an asset is greater than the demand, the price will fall because there’s no competition for the stock. When the demand is greater than the supply, the price will increase. This is because more people want to buy it than sell it.
Both the supply and demand are dependent on a variety of different sub-factors. These will determine whether or not investors want to buy more Tezos or sell their existing supply. We’ll explain some more of these factors below.
Social Media Mentions
When it comes to the reputation of a cryptocurrency, social media can make or break it. There is a strong correlation between the number of mentions an asset is receiving online and the amount of investor attention it’s attracting. If a cryptocurrency is getting bad press on social media sites, it can shatter confidence and cause its price to drop as a result — even if the bad press is largely unjustified.
When the launch of Tezos was delayed as a result of tensions between the members of its founding team, it sparked widespread indignation among potential investors. People who had put money into its record-breaking ICO took to social media to share their frustrations — and as a result, more and more people lost confidence in the once hotly-anticipated altcoin. This was one of the driving factors behind Tezos’ disappointing price when it finally entered the market in 2018.
Another key factor that can affect the price of Tezos is its partnerships. When cryptocurrency partners with a reputable business, it has a hugely beneficial impact on its price because it enhances the asset’s usability. The more real-life use cases a particular crypto has, the higher the demand for its service — and therefore, the higher its price.
Some examples of Tezos’ partnerships include:
- Banco BTG Pactual, known as Latin America’s largest investment bank
- Alliance Investments in the UK
- Nomadic Labs
- Korea University Blockchain Research Institute
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- Tezos launched via a record-breaking ICO but was delayed due to tensions among its founding team
- The Tezos network supports smart contracts and is distinctive for its self-governing structure
- In 2022, Previsioni Bitcoin predicts that Tezos will close the year at a value of $11.65725 — much lower than its 2021 predictions
- DigitalCoinPrice claims that the price of XTZ will remain between -$0.67 and -$3.89 for the first nine months of 2024, before jumping back up to $4.80 in October
- Cryptocoinsociety.com is alone in predicting that Tezos could hit over $20 by 2025
- Digital Coin Price predicts that Tezos will have an average price of approximately $5 for 2021.
- Long Forecast believes that Tezos will hover around $3.50 for most of 2021.
- Wallet Investor believes Tezos could hit $6 in 2021.
- By 2025, Digital Coin Price believes that Tezos could be worth $11.25, rising to $15.3 by 2028.
- Trading Beasts is less optimistic, expecting Tezos to stay below $5 for the majority of 2022-2025.
- Wallet Investor has predicted a top price of $16.151 by the end of December 2025.
- Tezos’ ATH of $4.3606 was broken in February 2021.
- Key factors that can affect the price of Tezos include the relationship between supply and demand, the frequency of social media mentions, and its high-profile partnerships.
If you’ve been looking for Tezos XTZ price predictions for 2021-2025, we hope you’ve found this article helpful.
Whether you’ve already got Tezos in your portfolio or are considering starting to invest, we hope that this article has helped you answer the question ‘is Tezos a good investment?’. The negative values that we can see from DigitalCoinPrice are particularly discouraging, but Previsioni Bitcoin and Cryptocoinsociety.com don’t foresee the same dismal future.
Although we’d all like to believe that DigitalCoinPrice is wrong, it’s important to be aware of all the potential outcomes before investing in an asset. By analyzing predictions such as these, we can adjust our investment strategy and better prepare ourselves for any volatility ahead.
If you liked our article Tezos Price Predictions: How Much Will XTZ Be Worth In 2021 And Beyond, please share with your fellow traders.
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Is Tezos worth buying?
There’s no straightforward answer to the question ‘is Tezos worth buying’. According to the predictions, the long-term prospects for Tezos range from a new ATH to months of negative value. As with any investment decision, it’s worth buying if you believe in the technology and think that the asset could really perform well in the future. If you’re basing your investment decisions purely on the predictions, you should do some more research into the company to see whether you have faith in its offering.
Could Tezos reach $100?
Tezos is very unlikely to reach $100 within the next five years. It’s not impossible that it will reach $100 by 2030, but within a five-year timeframe, $25 is a slightly more realistic aspiration.
Is Tezos better than Ethereum?
Because Tezos was built on the Ethereum platform and facilitate smart contracts, many people compare the two assets. People who believe that Tezos is indeed better than Ethereum commonly cite its use of a proof-of-stake (PoS) algorithm, which is more sustainable than Ethereum’s proof-of-work (PoW) algorithm. (Ethereum will be switching to a PoS as part of its anticipated Ethereum 2.0 upgrade).
As always, Tezos Price Predictions discussed in this article are the views of the industry analysts. As such, We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.