- Tezos (XTZ) and Chainlink (LINK) leads the cryptocurrency market bull run as the tenth slot on market cap standings remains wide open after a 7% and 5% spike in the past 24 hours respectively.
- Cardano (ADA), Tron (TRX), Stellar (XLM) and Monero (XMR) are also in the race to tenth but all eyes are on LINK reaching the milestone in the coming weeks.
The cryptocurrency market is back to its bullish trends as Bitcoin’s price breached the psychological resistance at $10,000 USD once again pushing up the alt market along with it. While the whole market is performing rather well, there are two major altcoins that offer a more exciting prospect in the current uptrend – Tezos (XTZ) and Chainlink (LINK) – who’ve witnessed a 7% and 5% increase in the past 24 hours respectively.
The tenth placed and fifteenth placed tokens have grown exponentially through 2020, with XTZ holding out 180% returns and LINK gaining 150% since the turn of the decade. Despite offering two completely different solutions, the blockchains are still in fierce competition with each other with the 10th place up for grabs.
Tezos’ ATH price lingers above $3.50 to hold on to 10th
Last week ended on a high for both XTZ holders and users as the staking token hit an all-time high of $3.60 on Kraken exchange. However, the buying pressure eased off on the weekend as bulls consolidated their gains in preparation of a possible spike further to new highs.
XTZ currently trades at $3.51 USD, a short reversal from all-time high prices, with the price setting a bullish projection on the daily charts. This represents a spike from an intraday low of $3.08 USD on Tuesday – a sharp 14% rise.