Tezos Achieves Market Capitalization of $693.98 Million (XTZ)

Tezos (XTZ) traded up 2.2% against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on October 18th. Tezos has a total market cap of $693.98 million and $15.62 million worth of Tezos was traded on exchanges in the last 24 hours. During the last seven days, Tezos has traded up 1.1% against the U.S. dollar. One Tezos coin can now be bought for approximately $0.69 or 0.00001008 BTC on exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 0.6% lower against the dollar and now trades at $0.16 or 0.00000233 BTC.
• Terra Classic (LUNC) traded 1.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.3% higher against the dollar and now trades at $0.38 or 0.00000559 BTC.
• Terra (LUNA) traded 1.1% higher against the dollar and now trades at $0.37 or 0.00000538 BTC.
• GXChain (GXC) traded 0.3% lower against the dollar and now trades at $0.36 or 0.00000523 BTC.
• Adshares (ADS) traded 4.6% lower against the dollar and now trades at $0.21 or 0.00000307 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0017 or 0.00000002 BTC.

Tezos Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,028,010,193 coins and its circulating supply is 1,007,485,378 coins. The official message board for Tezos 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. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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