Tezos (XTZ) Reaches Market Capitalization of $680.59 Million

Tezos (XTZ) traded up 6.5% against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on October 29th. One Tezos coin can now be purchased for $0.67 or 0.00000928 BTC on major cryptocurrency exchanges. Over the last seven days, Tezos has traded 1% lower against the U.S. dollar. Tezos has a market cap of $680.59 million and approximately $19.15 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded 1% higher against the dollar and now trades at $0.17 or 0.00000228 BTC.
• Terra Classic (LUNC) traded 3.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.9% against the dollar and now trades at $0.36 or 0.00000498 BTC.
• Terra (LUNA) traded 4.9% higher against the dollar and now trades at $0.35 or 0.00000481 BTC.
• GXChain (GXC) traded 8.9% higher against the dollar and now trades at $0.38 or 0.00000525 BTC.
• Adshares (ADS) traded up 4.8% against the dollar and now trades at $0.23 or 0.00000317 BTC.
• BitShares (BTS) traded up 2.8% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Tezos Profile

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,029,934,636 coins and its circulating supply is 1,009,411,134 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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.

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 currently possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView