Tezos (XTZ) Market Cap Hits $655.02 Million

Tezos (XTZ) traded up 1.6% against the US dollar during the 1 day period ending at 15:00 PM Eastern on August 18th. Over the last week, Tezos has traded down 2% against the US dollar. One Tezos coin can now be bought for about $0.66 or 0.00001104 BTC on exchanges. Tezos has a market cap of $655.02 million and $12.15 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded down 0.2% against the dollar and now trades at $0.13 or 0.00000226 BTC.
• Terra Classic (LUNC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.39 or 0.00000648 BTC.
• Terra (LUNA) traded 3.1% higher against the dollar and now trades at $0.32 or 0.00000542 BTC.
• Adshares (ADS) traded 0.4% higher against the dollar and now trades at $0.22 or 0.00000371 BTC.
• BitShares (BTS) traded down 0.7% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,015,595,793 coins and its circulating supply is 995,060,474 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board 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.”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView