Tezos Hits Market Cap of $966.42 Million (XTZ)

Tezos (XTZ) traded up 1% against the U.S. dollar during the one day period ending at 11:00 AM ET on April 19th. One Tezos coin can now be purchased for approximately $0.99 or 0.00001530 BTC on major cryptocurrency exchanges. Tezos has a market capitalization of $966.42 million and approximately $39.94 million worth of Tezos was traded on exchanges in the last day. Over the last seven days, Tezos has traded down 19.4% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.6% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Terra Classic (LUNC) traded 0.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.7% against the dollar and now trades at $0.62 or 0.00000954 BTC.
• aelf (ELF) traded 1% higher against the dollar and now trades at $0.57 or 0.00000877 BTC.
• GXChain (GXC) traded 0.1% lower against the dollar and now trades at $0.41 or 0.00000632 BTC.
• Adshares (ADS) traded 13.9% higher against the dollar and now trades at $0.42 or 0.00000657 BTC.
• BitShares (BTS) traded up 1.2% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 999,168,941 coins and its circulating supply is 978,589,582 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. The official message board for Tezos is forum.tezosagora.org. 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.”

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 trade Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView