Tezos (XTZ) Hits Market Cap of $1.40 Billion

Tezos (XTZ) traded 3.5% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on December 28th. During the last seven days, Tezos has traded 5.9% higher against the U.S. dollar. Tezos has a market capitalization of $1.40 billion and $45.36 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be bought for about $1.37 or 0.00001447 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1% lower against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4% higher against the dollar and now trades at $0.45 or 0.00000481 BTC.
• Terra (LUNA) traded down 0.4% against the dollar and now trades at $0.44 or 0.00000466 BTC.
• GXChain (GXC) traded up 3.8% against the dollar and now trades at $0.43 or 0.00000459 BTC.
• Adshares (ADS) traded up 1.5% against the dollar and now trades at $0.74 or 0.00000787 BTC.
• BitShares (BTS) traded down 6.7% against the dollar and now trades at $0.0014 or 0.00000001 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,041,505,079 coins and its circulating supply is 1,021,090,019 coins. 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. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board 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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView