Tezos Market Capitalization Hits $656.59 Million (XTZ)

Tezos (XTZ) traded up 3.5% against the dollar during the twenty-four hour period ending at 21:00 PM E.T. on September 2nd. One Tezos coin can now be purchased for approximately $0.66 or 0.00001111 BTC on popular cryptocurrency exchanges. Tezos has a total market capitalization of $656.59 million and $13.50 million worth of Tezos was traded on exchanges in the last day. During the last seven days, Tezos has traded 8% lower against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.3% lower against the dollar and now trades at $0.15 or 0.00000260 BTC.
• Terra Classic (LUNC) traded 5.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4.9% against the dollar and now trades at $0.38 or 0.00000640 BTC.
• Terra (LUNA) traded up 4.2% against the dollar and now trades at $0.34 or 0.00000576 BTC.
• GXChain (GXC) traded 5.8% higher against the dollar and now trades at $0.34 or 0.00000575 BTC.
• Adshares (ADS) traded 2.3% higher against the dollar and now trades at $0.23 or 0.00000387 BTC.
• BitShares (BTS) traded 3% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,018,582,005 coins and its circulating supply is 998,046,686 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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.”

Buying and Selling Tezos

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

XTZ/USD price chart by TradingView