EOS (EOS) Hits 1-Day Trading Volume of $107.78 Million

EOS (EOS) traded 4.2% lower against the dollar during the 24-hour period ending at 9:00 AM Eastern on February 6th. Over the last seven days, EOS has traded 22.9% lower against the dollar. One EOS coin can now be purchased for approximately $0.60 or 0.00000606 BTC on exchanges. EOS has a total market cap of $920.18 million and $107.78 million worth of EOS was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 1.5% against the dollar and now trades at $0.23 or 0.00000233 BTC.
• Tezos (XTZ) traded down 6% against the dollar and now trades at $0.85 or 0.00000865 BTC.
• BitTorrent-New (BTT) traded 3.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.3% against the dollar and now trades at $0.29 or 0.00000293 BTC.
• Terra (LUNA) traded 2.5% higher against the dollar and now trades at $0.25 or 0.00000259 BTC.
• Lisk (LSK) traded 4.6% lower against the dollar and now trades at $0.70 or 0.00000714 BTC.
• Ark (ARK) traded down 5.5% against the dollar and now trades at $0.39 or 0.00000398 BTC.
• USDX [Kava] (USDX) traded 1.5% lower against the dollar and now trades at $0.54 or 0.00000545 BTC.

EOS Profile

EOS (CRYPTO: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 2,100,000,000 coins and its circulating supply is 1,544,861,340 coins. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official website is eosnetwork.com.

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 possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView