Tezos Market Capitalization Achieves $681.71 Million (XTZ)

Tezos (XTZ) traded down 0.5% against the US dollar during the 24-hour period ending at 22:00 PM E.T. on August 3rd. One Tezos coin can now be purchased for approximately $0.69 or 0.00001129 BTC on cryptocurrency exchanges. Tezos has a total market capitalization of $681.71 million and $25.54 million worth of Tezos was traded on exchanges in the last day. During the last seven days, Tezos has traded 11.9% lower against the US dollar.

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

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Terra Classic (LUNC) traded down 2.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.2% higher against the dollar and now trades at $0.41 or 0.00000679 BTC.
• Terra (LUNA) traded down 3.4% against the dollar and now trades at $0.33 or 0.00000550 BTC.
• GXChain (GXC) traded 4.7% lower against the dollar and now trades at $0.38 or 0.00000622 BTC.
• Adshares (ADS) traded 6.1% lower against the dollar and now trades at $0.25 or 0.00000412 BTC.
• BitShares (BTS) traded down 1.6% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Tezos Coin Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,013,127,080 coins and its circulating supply is 992,578,798 coins. The official website for Tezos is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official message board for Tezos 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.”

Tezos Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView