RATE Group | First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April
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First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April

01 May First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April

Posted at 14:11h in Bitcoin News by

Bitcoin? Ether? Ripple? Meh. During a month where cryptocurrencies zoomed, the lesser-known Tezos beat them all. 

Tezos (XTZ), one of the largest and most prominent among a fast-growing roster of digital coins known as “staking tokens,” jumped 83% in April, the most among cryptocurrencies with a market value of at least $1 billion, based on data from Messari. 

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That’s more than double the 37% gain for bitcoin (BTC), the largest cryptocurrency by market value, which benefited from speculation that an inflation hedge will come in handy as the Federal Reserve and other central banks inject trillions of dollars of emergency liquidity into…

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