Tezos Achieves Market Capitalization of $957.60 Million (XTZ)

Tezos (XTZ) traded up 1.5% against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on May 4th. Tezos has a total market cap of $957.60 million and $23.95 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be purchased for about $0.98 or 0.00001531 BTC on popular cryptocurrency exchanges. In the last week, Tezos has traded down 3.1% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 0.2% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Terra Classic (LUNC) traded 3.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 2.3% against the dollar and now trades at $0.60 or 0.00000947 BTC.
• aelf (ELF) traded 3% higher against the dollar and now trades at $0.56 or 0.00000884 BTC.
• GXChain (GXC) traded up 6.4% against the dollar and now trades at $0.42 or 0.00000658 BTC.
• Adshares (ADS) traded up 2.4% against the dollar and now trades at $0.41 or 0.00000639 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,000,991,345 coins and its circulating supply is 980,424,709 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org. The official website for Tezos is www.tezos.com. 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 possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView