Tezos (XTZ) Hits Market Capitalization of $992.58 Million

Tezos (XTZ) traded up 2.2% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on April 28th. In the last seven days, Tezos has traded 4.2% lower against the US dollar. One Tezos coin can currently be bought for approximately $1.01 or 0.00001596 BTC on major exchanges. Tezos has a market cap of $992.58 million and approximately $22.64 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 1.1% against the dollar and now trades at $0.12 or 0.00000191 BTC.
• Terra Classic (LUNC) traded 2.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.64 or 0.00001001 BTC.
• Terra (LUNA) traded 1.8% higher against the dollar and now trades at $0.62 or 0.00000969 BTC.
• GXChain (GXC) traded 0% lower against the dollar and now trades at $0.40 or 0.00000621 BTC.
• Adshares (ADS) traded up 1.6% against the dollar and now trades at $0.42 or 0.00000669 BTC.
• BitShares (BTS) traded down 0.1% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,000,291,862 coins and its circulating supply is 979,725,227 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. 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.

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 US dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView