EOS Price Hits $0.83 on Top Exchanges (EOS)

EOS (EOS) traded 2% lower against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on May 26th. One EOS coin can now be bought for approximately $0.83 or 0.00001212 BTC on popular cryptocurrency exchanges. Over the last seven days, EOS has traded 6.3% higher against the U.S. dollar. EOS has a market cap of $939.17 million and approximately $78.63 million worth of EOS was traded on exchanges in the last day.

Here’s how similar 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 down 0.9% against the dollar and now trades at $0.11 or 0.00000164 BTC.
• BitTorrent-New (BTT) traded down 1.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 3.3% lower against the dollar and now trades at $0.96 or 0.00001398 BTC.
• Terra Classic (LUNC) traded down 1.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 2.7% lower against the dollar and now trades at $0.60 or 0.00000865 BTC.
• aelf (ELF) traded down 0.8% against the dollar and now trades at $0.52 or 0.00000757 BTC.
• Lisk (LSK) traded 0.4% lower against the dollar and now trades at $1.68 or 0.00002438 BTC.
• Ark (ARK) traded 1.6% lower against the dollar and now trades at $0.82 or 0.00001196 BTC.
• USDX [Kava] (USDX) traded 0.2% lower against the dollar and now trades at $0.82 or 0.00001188 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 1,127,077,683 coins and its circulating supply is 1,127,077,682 coins. EOS’s official website is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible 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 U.S. dollars. Investors seeking to trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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