Not waiting: Tezos lost $ 170 million capitalization after running mannata

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2018-09-20 17:45:06

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Not waiting: Tezos lost $ 170 million capitalization after running mannata Source:

Tezos Foundation withdrew its Protocol of beta testing and launched mainnet. However, instead of the expected growth, the company lost $ 170 million in market capitalization. About it writes .

The Official version of the network Tezos launched on September 17. This event was of a formal nature — in fact, the Protocol works since July, when several exchanges sulistio token XTZ. However, if the company at any time could announce the suspension of the Protocol for technical reasons. Now it is unlikely to happen.

the

Why fell Tezos

Almost immediately after the announcement about the launch of main network 17 Sep exchange Bitfinex announced the listing of token XTZ in pairs with the dollar and Bitcoin.

However, investors did not appreciate the event — the price XTZ fell by almost 20 percent, and the coin lost almost $ 170 million in market capitalization. It's almost as much as the company gathered at ICO in June 2018.

Reasons for the decline of the publication does not mention. It is worth noting that at the time of this writing, for one coin offered a 1.51 dollar.

Why fell XTZ? How will this affect the market? Waiting for your comments .

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