Tezos Trading Down 13.3% Over Last Week (XTZ)

Tezos (XTZ) traded 3.2% lower against the dollar during the 1 day period ending at 16:00 PM E.T. on August 3rd. Tezos has a total market cap of $665.73 million and approximately $27.72 million worth of Tezos was traded on exchanges in the last 24 hours. Over the last seven days, Tezos has traded 13.3% lower against the dollar. One Tezos coin can now be purchased for $0.67 or 0.00001107 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Terra Classic (LUNC) traded down 4.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 5.9% against the dollar and now trades at $0.41 or 0.00000673 BTC.
• Terra (LUNA) traded down 6.5% against the dollar and now trades at $0.33 or 0.00000542 BTC.
• GXChain (GXC) traded down 0.3% against the dollar and now trades at $0.38 or 0.00000627 BTC.
• Adshares (ADS) traded 4.5% lower against the dollar and now trades at $0.25 or 0.00000414 BTC.
• BitShares (BTS) traded up 0.5% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,013,107,513 coins and its circulating supply is 992,559,231 coins. Tezos’ official website 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. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org.

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 presently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView