EOS (EOS) Price Hits $0.49

EOS (EOS) traded 1% lower against the dollar during the one day period ending at 23:00 PM Eastern on October 19th. EOS has a market capitalization of $738.68 million and $46.18 million worth of EOS was traded on exchanges in the last 24 hours. During the last seven days, EOS has traded 2.6% higher against the dollar. One EOS coin can now be purchased for $0.49 or 0.00000712 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.16 or 0.00000229 BTC.
• BitTorrent-New (BTT) traded down 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.8% lower against the dollar and now trades at $0.69 or 0.00001007 BTC.
• Terra Classic (LUNC) traded 2.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.7% against the dollar and now trades at $0.38 or 0.00000565 BTC.
• Terra (LUNA) traded down 1.7% against the dollar and now trades at $0.37 or 0.00000537 BTC.
• Lisk (LSK) traded 1.4% lower against the dollar and now trades at $0.82 or 0.00001205 BTC.
• Ark (ARK) traded up 10.6% against the dollar and now trades at $0.64 or 0.00000941 BTC.
• USDX [Kava] (USDX) traded 1.2% higher against the dollar and now trades at $0.67 or 0.00000978 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,522,011,837 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.”

Buying and Selling EOS

It is usually not currently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView