Tezos Market Capitalization Tops $633.16 Million (XTZ)

Tezos (XTZ) traded 7.5% higher against the US dollar during the 24 hour period ending at 22:00 PM ET on August 5th. One Tezos coin can now be bought for about $0.64 or 0.00001142 BTC on popular exchanges. Tezos has a market cap of $633.16 million and approximately $60.89 million worth of Tezos was traded on exchanges in the last 24 hours. Over the last seven days, Tezos has traded 15.5% lower against the US dollar.

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

• TRON (TRX) traded 0.3% higher against the dollar and now trades at $0.12 or 0.00000219 BTC.
• Terra Classic (LUNC) traded up 12.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 17.2% against the dollar and now trades at $0.38 or 0.00000682 BTC.
• Terra (LUNA) traded up 10.6% against the dollar and now trades at $0.30 or 0.00000540 BTC.
• GXChain (GXC) traded down 5.2% against the dollar and now trades at $0.35 or 0.00000633 BTC.
• Adshares (ADS) traded up 2.5% against the dollar and now trades at $0.23 or 0.00000407 BTC.
• BitShares (BTS) traded down 2% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,013,524,803 coins and its circulating supply is 992,976,521 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. Tezos’ official message board 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.”

Tezos Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView