EOS Self Reported Market Capitalization Tops $994.45 Million (EOS)

EOS (EOS) traded 4.3% lower against the US dollar during the 24-hour period ending at 12:00 PM Eastern on September 16th. During the last seven days, EOS has traded down 2.4% against the US dollar. One EOS coin can currently be bought for $0.47 or 0.00000820 BTC on major exchanges. EOS has a total market cap of $994.45 million and $58.62 million worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded 0.6% lower against the dollar and now trades at $0.15 or 0.00000257 BTC.
• BitTorrent-New (BTT) traded down 2.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 4% against the dollar and now trades at $0.62 or 0.00001079 BTC.
• Terra Classic (LUNC) traded down 5.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 9.2% against the dollar and now trades at $0.38 or 0.00000649 BTC.
• aelf (ELF) traded down 5.3% against the dollar and now trades at $0.35 or 0.00000608 BTC.
• Lisk (LSK) traded 4.5% lower against the dollar and now trades at $0.77 or 0.00001334 BTC.
• USDX [Kava] (USDX) traded 0.2% lower against the dollar and now trades at $0.77 or 0.00001334 BTC.
• Ark (ARK) traded down 4.3% against the dollar and now trades at $0.30 or 0.00000522 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official message board is eosnetwork.com/blog. The official website for EOS is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

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

EOS/USD price chart by TradingView