Tezos Price Hits $0.71 (XTZ)

Tezos (XTZ) traded 4% lower against the dollar during the twenty-four hour period ending at 15:00 PM ET on August 26th. One Tezos coin can now be purchased for approximately $0.71 or 0.00001118 BTC on major cryptocurrency exchanges. In the last week, Tezos has traded up 7.5% against the dollar. Tezos has a market cap of $707.82 million and $18.27 million worth of Tezos was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000259 BTC.
• Terra Classic (LUNC) traded 5.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 6.1% against the dollar and now trades at $0.37 or 0.00000586 BTC.
• aelf (ELF) traded down 3.9% against the dollar and now trades at $0.40 or 0.00000625 BTC.
• GXChain (GXC) traded up 5.1% against the dollar and now trades at $0.39 or 0.00000619 BTC.
• Adshares (ADS) traded down 5% against the dollar and now trades at $0.23 or 0.00000364 BTC.
• BitShares (BTS) traded 0.5% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,017,097,180 coins and its circulating supply is 996,561,861 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official website is www.tezos.com. Tezos’ official message board is forum.tezosagora.org.

According to CryptoCompare, “Tezos is an open-source platform for assets and applications that can evolve and upgrade itself without having to split the network. It uses a proof-of-stake consensus mechanism and allows for formal verification to increase security. Users can participate in the consensus process by “baking”, or they can delegate their rights to other users. Arthur Breitman and Kathleen Breitman are the two main creators of Tezos, and a group of developers and researchers have joined them to create the platform.”

Tezos Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView