Tezos (XTZ) Achieves Market Cap of $676.90 Million

Tezos (XTZ) traded down 2.8% against the dollar during the 1 day period ending at 17:00 PM ET on October 17th. Tezos has a market capitalization of $676.90 million and approximately $16.08 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be purchased for $0.67 or 0.00001003 BTC on cryptocurrency exchanges. During the last seven days, Tezos has traded up 4.8% against the dollar.

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

• TRON (TRX) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000238 BTC.
• Terra Classic (LUNC) traded 2.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.4% against the dollar and now trades at $0.38 or 0.00000563 BTC.
• Terra (LUNA) traded down 1.6% against the dollar and now trades at $0.36 or 0.00000540 BTC.
• GXChain (GXC) traded up 1.1% against the dollar and now trades at $0.36 or 0.00000536 BTC.
• Adshares (ADS) traded 4.6% lower against the dollar and now trades at $0.22 or 0.00000327 BTC.
• BitShares (BTS) traded down 0.1% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Tezos Profile

XTZ uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,027,616,206 coins and its circulating supply is 1,007,089,642 coins. Tezos’ official message board is forum.tezosagora.org. Tezos’ official website is www.tezos.com. 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.

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 presently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView