Tezos (XTZ) suddenly exploded with a 20% pump yesterday.
Then came the breakout news that Google Cloud had teamed up with the Tezos Foundation to build Web 3 applications.
The partnership will enable all Google Cloud customers to become Tezos “bakers,” or network validators. Tezos sees this as a way to get more institutions involved in the space.
Tezos is an open-source proof-of-stake blockchain with over 2.3 million funded accounts. The impressive project has seen major partnerships with Manchester United and McLaren.
Google Cloud will also become an XTZ baker, joining existing bakers such as Ubisoft.
new partnership Along with Google Cloud infrastructure, Tezos will enable companies and developers to take advantage of blockchain technology.
Google Cloud will also provide mentorship to startups in the Web3 space, along with a program to reduce infrastructure costs.
This comes as part of a new strategy at Google Cloud, which plans to continue partnering with “key players in the Web3 ecosystem” to drive growth.
Tezos (XTZ) Price Analysis
The Tezos market exploded yesterday following the bullish announcement.
The sudden jump caused prices to rise by 20% – reaching $1.25.
The jaw-dropping rally broke the local resistance levels that suppressed the XTZ rally for most of February.
Now trading at $1.396 – a 24h move of -2.85%.
Tezos is in a minor localized retracement as XTZ bulls look to build support at these freshly retested highs.
The large candle saw overbought RSI, although it has calmed down now, although still overbought at 68.4.
This is in contrast to the MACD, which remains bullish as it reflects seismic moves.
Upside targets are within touching distance, with the bulls seeking a clean break above $1.5. A move to touch the upper trend line of this channel would be desirable and could see a top of $1.65 (+17.77%).
Downside risks are also close, providing much needed reassurance for a potential break high at $1.20 (-14.35%).
Overall this produces an XTZ risk:reward ratio of 1.24 – a good entry for a potentially lucrative trade.
Which other altcoins can deliver better 10x returns?
Despite bullish fundamentals and a posed chart structure, it may take some time for XTZ to figure out where it wants to go.
Therefore, Cryptonews’ analysis team has identified the following early stage projects that can deliver huge returns in the short term.
Fight Out (FGHT)
Move-2-Earn started last year with projects like STEPN to monetize activities as simple as walking. But as the unsustainable economics of STEPN became clear, interest waned.
to fight It plans to change that by providing a complete monitoring system that can record any workout, from your time in the weight room to your hours under the dojo.
The pre-sale launched in late Q4 2022 raised over $4.6 million.
The Fight Out app serves as a fitness-hub platform that enables the user to track, plan, and fine-tune their routine, sleep, and diet within the confines of a monetized in-app economy.
This will see users who join this new ecosystem gain access to live coaching, training classes, PVP State Battles and a chain of physical gyms spread across the globe.
Fight Out team recently announced the launch of an exciting referral promo link program. This gives users the ability to get 5% commission for signing up their friends!
All users need to do is visit the Fight Out homepage, connect a valid crypto wallet, and then click on the 5% referral link button.
This means that every time someone buys $FGHT tokens – you receive 5% of the purchase amount!
What’s more – this pre-sale superstar is offering $250k! enter here.
With presale token prices increasing every 12 hours – don’t miss the future of M2E!
C+ charge (CCHg)
C+ charge ($CCHg) There is a new cryptocurrency that is shaking up the carbon credit industry.
The innovative start-up aims to leverage the industry’s projected growth of $2.4 trillion by 2027. And you don’t need to look far to see its relevance.
Up and down the streets, we’re seeing EV charging stations popping up for fleets of gleaming Teslas. And C+Charge is offering everyday people an opportunity to claim a piece of the pie.
The company offers a peer-2-peer (P2P) payment system for electric vehicle (EV) charging using blockchain technology.
With this system, EV drivers can earn carbon credits and benefit from the growth of the industry.
Currently, only large EV manufacturers such as Tesla are taking advantage of carbon credits. Why concentrate these profits in the hands of a few?
C+Charge aims to level the playing field and put these rewards in the hands of EV owners.
The pre-sale of CCHG tokens is already underway, giving early investors the chance to get in on the ground floor of this eco-friendly project. There’s also a $50k giveaway for early bird investors.
Join the C+Charge revolution today and be a part of a project that is making a difference for the environment.
Don’t miss this chance to support a promising project that has the potential for huge returns.
Robotera (Tarot)
robot era is a gamify project that allows players to design and build their own robots – taking them to battle in a variety of games and challenges, including racing, fighting, and strategy games, where players can test their robots. Can
The platform allows players to earn rewards in the form of network native $TARO tokens, which are used to buy and sell virtual assets and settle platform fees and rewards.
RobotEra is currently in pre-sale, an opportunity for interested investors to purchase $TARO before it is publicly available for trading.
The pre-sale offers Taro at a discounted price of 0.02 USDT per token, with a minimum purchase requirement of 50 USDT.
The pre-sale has a limited supply of 90,000,000 $TARO tokens, and the first phase of the pre-sale will end soon as whales are in an accumulation frenzy.
The pre-sale is divided into two phases, with the second phase offering $TARO at a higher price of 0.025 USDT per token.
Therefore, investors can get a better deal if they buy Taro during the first phase of the pre-sale.
As of the time of writing, the pre-sale has already sold $46,766,951 of TARO tokens – many gobbled up by clever GameFi whales.
During the pre-sale, investors can purchase $TARO tokens using the link below.
Disclaimer: The Industry Talks section features insights by crypto industry players and is not part of the editorial content of 0x0news.com.
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