Tezos is looking extremely bullish on the daily with a painted uptrend continuation signaling on our faces followed by a bullish falling wedge.
Coinbase Pro listing yesterday did not delivered the pump that we are about to experience in the next few days, due to BTC fluctuation and uncertainty in direction. Nevertheless, this is a new asset that Americans are now getting the chance to put their hands on! TEZOS in my opinion has a tremendous upside and has yet to pump since the launch of the project. HITBTC trading volume was primarily based of off future, IUOs which in contrast can show you the potential for long term gains.
BIG TICKET ITEM: With Coinbase SEC approval to host STO (Security Tokenization Offering) on it's exchange and TEZOS having secured a initial 11B STO deal with one of the biggest Brazilian investment banks in the past two weeks, I think this baby is primed to take off. $6 -$11 short term IMO. These are high numbers and I understand that, but consider the longterm goal as they are primarily targeting big money investment. It is also going to get listed in the near future as a security in the traditional markets NASDAQ at any given point. JUST A MATTER OF TIME!
People are still unaware of this project as the community is very tech driven and slow to dissipate information to the masses. The truth is that Tezos, is the biggest STO platform in Blockchain history and the only truly decentralized project with over 462 active nodes, coinbase custody & coinbase support for baking (POS) and the only blockchain with a banking deal in place.
Tezos circulating supply has over 80% doing Proof of stake or BAKING as they call it, which is earning 7% passive income to those who choose to become bakers and to become delegator in the voting consensus process. The minimum requirement is 8,000 XTZ in order to become a baker in POS staking mechanism. You don't have to do it yourself, there are pools that you can join from your wallet (Ledger Nano). The total number of tokens available for trading is more or less than 200 million as a result since 80% is primarily in POS from longterm HODLERS, which puts XTZ/TEZOS in a very favorable spot to pump and become top 5 projects in the Coin Market Cap in the very near future.
Once the news hit the masses, this is a no brainer! There is only upside from here. I've held TEZOS since ICO & look forward to see this project really show what it can do in the next few days or weeks in terms of price action.
Billionaire TIM DRAPPER put 30,000 BTC's as a seed investor into TEZOS. They are not going for your traditional DApps, they are after the big financial institutions due to its true decentralization and effective voting consensus unlike EOS and many other blockchains that claims to be decentralized but can vote to reverse transactions (EOS is NOT DECENTRALIZED).
I am not giving financial advice, but this is a no brainer to me that it will take off once the information gets spread out to the retail masses.