[TEZOS] Is Tezos a low cap gem?

[Billo_]

Tezos [TEZOS] was recommended by some experts and is now a partner of Red Bull and McLaren Mercedes Formel 1.
Experts say, Tezos can be huge.
Right now, it has a very low market cap.
What price do you beleive can [TEZOS] do? It is currently at 2,94 Dollar and a Market Cap rank of only place 40.

[GreatArkansas]

If you take a look at Tezos market cap, the market cap peaks almost $6 billion last month of May 2021, and look at now, it already lost more than half of $6 billion, seems most of high market cap before experienced this. I don't think I can consider this as a low cap gem since it already reaches a huge amount of market cap then it is dropping now, lost 50% of its market cap.

[unusualfacts30]

Tezos has been around for a long time but I am not seeing the development that it was hyped for. Link, Sol, BNB, ETH took the crypto industry by storm in 2020 and coins like tezos have been left behind. I am not sure if it can considered low cap gem..market cap is very high..they have a lot of catching up to do.

[Mihawk]

Well, XTZ is a big project, but from what was collected in their ICO they should be more advanced and delivering results. Low Cap Gem? I don't think so, because each XTZ already costs $2.7 and with more than 800M in supply, certainly a billion dollar project is not a Low Cap Gem. I don't follow this project, but if they continue at this pace, the tendency is to fall by the wayside and even if they present some new fact, it will hardly attract anyone's attention. This could change when big players increase their stakes in XTZ, but right now there's no sign of it.

[slaman29]

Tezos [TEZOS] was recommended by some experts and is now a partner of Red Bull and McLaren Mercedes Formel 1.
Experts say, Tezos can be huge.
Right now, it has a very low market cap.
What price do you beleive can [TEZOS] do? It is currently at 2,94 Dollar and a Market Cap rank of only place 40.

Experts have been saying for YEARS how Tezos can and will be huge lol. Did anyone already forget the problems Tezos had in the past with manipulation and centralization? How else do you think they can partner with RB and McLaren?

It's just another Ripple or Tether, with fancier people behind it.

[Murat]

Obviously No! Not even 5x is possible from here.

[hugeblack]

I invested in it at some point in the year 2020 and made a good profit, but I sold.
I have no intention of buying more now because it is freezing money in a project that may achieve better returns than other projects.
TEZOS development is progressing slowly and we are in a market that needs rapid development, so I expect the currency to follow the same approach as the rest of the currencies and that there will be no real change in it.

[janggernaut]

Ranked on 40 based on CMC isn't a low cap gem i believe. There is not much any update or progress about Tezos too, so i doubt it would be a gem later. Instead of this coin, there are still lot of other options which you can analyze to become a new low cap gem (obviously not DOGE)

[tabas]

It is a good coin to hold IMO. While you're holding it, you can stake it on your hardware wallet.
https://www.ledger.com/staking-tezos
For trezor, I don't know if it's available to stake.

[asriloni]

I will call those as shillers rather than expert. The expert will never suggest a garbage coin like this one. Tezos may still have potential like another coin but i think this coin will never reach the top 10 CMC again. The era for tezos already ended and blockone will be retired with all of money. lol.
Why do people keep talk on this shit token that worth a few billion of money while they have low cap gems that can do better than this token. This token will never go anywhere

[Billo_]

It is a good coin to hold IMO. While you're holding it, you can stake it on your hardware wallet.
https://www.ledger.com/staking-tezos

I don't have hardware wallet luckily because hardware wallet LEDGER is dangerous.
For Tezos I agree, it is a good coin.

Obviously No! Not even 5x is possible from here.

Why? Any explain or just baseless FUD?

I will call those as shillers rather than expert. The expert will never suggest a garbage coin like this one. Tezos may still have potential like another coin but i think this coin will never reach the top 10 CMC again. The era for tezos already ended and blockone will be retired with all of money. lol.
Why do people keep talk on this shit token that worth a few billion of money while they have low cap gems that can do better than this token. This token will never go anywhere

Why even older coins like Tron and Cardano are still at positions 20+ but Tezos has a more modern tech?
Make no sense for me to have such shit coins like Tron and Cardano at place 20+ while Tezos, a real modern tech dev project, is only place 40.

[FinneysTrueVision]

Anything with over a $1 billion market cap is not low cap. It is a well known coin that has been around for a long time. They had one of the biggest ICOs ever. They had a lot of internal problems and legal issues when they started so the hype died down significantly and was a huge setback. If they hadn't messed up their launch they might be much bigger today. Maybe they can be considered them a midcap gem.

[slaman29]

Anything with over a $1 billion market cap is not low cap. It is a well known coin that has been around for a long time. They had one of the biggest ICOs ever. They had a lot of internal problems and legal issues when they started so the hype died down significantly and was a huge setback. If they hadn't messed up their launch they might be much bigger today. Maybe they can be considered them a midcap gem.

Well known, but maybe for all the wrong things, as you've listed out. But as I said yesterday, people seem to have really forgot what Tezos was to their early investors? Or is all this remaining hype exactly from the investors hoping to recover

They won't be the first big coin to mess up launch and still go on to be big though (think of Ethereum).

[Porfirii]

As everybody said before me, Tezos cannot be considered low cap, even mid-cap feels wrong for a coin so high in CMC's list. (Funny fact: my corrector changed "Tezos" for "Bezos" ).

I bought a few XTZ during the ICO and, although returns haven't been huge compared to the best performers, it is not bad neither to be 3x or 4x higher than the starting price, if you compare it with so many other ICOs which went underwater during the bear season. But I have to agree that after the huge hype and fomo from the early days I expected higher returns rather than the current situation.

[killerfrost]

This is one of the projects that I have been following all this time, it is possible that tezos has not received a strong appreciation compared to other coins, but I personally find stability and certainty from it. Personally, I appreciate what Tezos is pursuing, maybe current trends cannot accelerate the growth of this coin but looking at the long term I really believe in its success in the future. 

[tabas]

It is a good coin to hold IMO. While you're holding it, you can stake it on your hardware wallet.
https://www.ledger.com/staking-tezos

I don't have hardware wallet luckily because hardware wallet LEDGER is dangerous.
For Tezos I agree, it is a good coin.

Where did you get it that owning a ledger wallet is dangerous? it is one of the most trusted hardware wallet that we ever had. But if you want to stake, it's not only ledger that offers staking for Tezos, there are also other wallets, not hardware wallets, that offers the same.

[bluebit25]

I'm probably not a big fan of this coin, as it hasn't experienced stronger growth over the past few years than similarly positioned coins. But I also do not deny its influence on this market, perhaps it will take more time for XTZ to become better.

[dezoel]

I have to say Tezos putting the name on a formula car didn't make any sense to me at all. Do we want decentralization? Then how come some company put the name there? You have to be a legit company in order to make a deal with other big companies, no formula car will allow you to pay them millions of dollars and just put a sticker on it anyway you like, it has to be a company.

So, if we want decentralization then what is this all about? That just didn't make any sense to me, I understand that some people see it and think maybe that is a good thing and maybe it is just great marketing, however even if that takes tezos price to 10 dollars I am still not in favor of moves like that, it always makes me feel a bit scared. At the end of the day marketing moves are proof of centralized movements and I am not interested in that, can't talk about what the price would be, but it is not for me at all.

[numanoid]

Low cap gem is token/coins which placed on below top 100 coins. Any coin/token above top 100 is considered have huge cap. The price won't changed too high, it's maybe can do 5-10x (few coins managed to x20), but the real low cap gem can make us profit more than 50x if we choose the real gem

[Porfirii]

I have just seen that their advertisement is now displayed in the Brave Browser too. Who knows, they may have some plan for the short-mid term taking into account the efforts they are making in order to increase the awareness on their brand.

Anyway, I suppose that if everything pumps again, like Bitcoin going back to $60K, then almost everything will do, so in my case I'm not in a hurry to sell.