EOS Self Reported Market Capitalization Tops $1.18 Billion (EOS)

EOS (EOS) traded 3.9% higher against the US dollar during the 1-day period ending at 13:00 PM E.T. on August 24th. Over the last seven days, EOS has traded up 11.9% against the US dollar. One EOS coin can currently be purchased for $0.56 or 0.00000872 BTC on popular cryptocurrency exchanges. EOS has a total market capitalization of $1.18 billion and $90.37 million worth of EOS was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded 1.3% higher against the dollar and now trades at $0.16 or 0.00000247 BTC.
• BitTorrent-New (BTT) traded 6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 3.7% against the dollar and now trades at $0.75 or 0.00001173 BTC.
• Terra Classic (LUNC) traded 6.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 6% higher against the dollar and now trades at $0.38 or 0.00000598 BTC.
• aelf (ELF) traded 2.5% higher against the dollar and now trades at $0.42 or 0.00000661 BTC.
• Lisk (LSK) traded up 3.8% against the dollar and now trades at $0.95 or 0.00001478 BTC.
• USDX [Kava] (USDX) traded 1.1% lower against the dollar and now trades at $0.78 or 0.00001211 BTC.
• Ark (ARK) traded up 6.1% against the dollar and now trades at $0.37 or 0.00000577 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed 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.”

EOS Coin Trading

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

EOS/USD price chart by TradingView