EOS (EOS) Self Reported Market Capitalization Hits $949.38 Million

EOS (EOS) traded down 3.7% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on May 22nd. EOS has a market cap of $949.38 million and $143.97 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for $0.84 or 0.00001206 BTC on popular exchanges. During the last seven days, EOS has traded up 7.8% against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 2% against the dollar and now trades at $0.12 or 0.00000173 BTC.
• BitTorrent-New (BTT) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 3.7% against the dollar and now trades at $0.96 or 0.00001376 BTC.
• Terra Classic (LUNC) traded 13.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 6.3% higher against the dollar and now trades at $0.65 or 0.00000930 BTC.
• aelf (ELF) traded down 1.1% against the dollar and now trades at $0.53 or 0.00000761 BTC.
• Lisk (LSK) traded down 3.6% against the dollar and now trades at $1.72 or 0.00002462 BTC.
• Ark (ARK) traded 3.2% lower against the dollar and now trades at $0.83 or 0.00001184 BTC.
• USDX [Kava] (USDX) traded down 0.8% against the dollar and now trades at $0.82 or 0.00001169 BTC.

EOS Profile

EOS (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 1,126,644,645 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog. 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 currently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView