EOS (EOS) Price Down 8.1% This Week

EOS (EOS) traded 0.5% higher against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on November 4th. EOS has a total market capitalization of $631.02 million and approximately $49.56 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for approximately $0.41 or 0.00000609 BTC on exchanges. In the last seven days, EOS has traded down 8.1% against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000241 BTC.
• BitTorrent-New (BTT) traded up 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 0.8% against the dollar and now trades at $0.59 or 0.00000873 BTC.
• Terra Classic (LUNC) traded up 3.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.7% against the dollar and now trades at $0.32 or 0.00000476 BTC.
• Terra (LUNA) traded 0.3% higher against the dollar and now trades at $0.30 or 0.00000448 BTC.
• Lisk (LSK) traded up 1.1% against the dollar and now trades at $0.73 or 0.00001077 BTC.
• Ark (ARK) traded down 2.1% against the dollar and now trades at $0.43 or 0.00000629 BTC.
• USDX [Kava] (USDX) traded down 0.7% against the dollar and now trades at $0.55 or 0.00000814 BTC.

EOS Coin 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 and its circulating supply is 1,525,280,252 coins. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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.

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 trade EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView