Tezos (XTZ) Price Down 7% Over Last Week

Tezos (XTZ) traded 3.5% lower against the US dollar during the 24-hour period ending at 10:00 AM E.T. on January 9th. Tezos has a market cap of $1.31 billion and approximately $207.48 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be purchased for about $1.28 or 0.00001363 BTC on major cryptocurrency exchanges. During the last seven days, Tezos has traded down 7% against the US dollar.

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

• TRON (TRX) traded down 3.1% against the dollar and now trades at $0.24 or 0.00000260 BTC.
• Terra Classic (LUNC) traded 3.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4.5% against the dollar and now trades at $0.48 or 0.00000514 BTC.
• Terra (LUNA) traded 4.9% lower against the dollar and now trades at $0.42 or 0.00000448 BTC.
• GXChain (GXC) traded 3.8% lower against the dollar and now trades at $0.39 or 0.00000415 BTC.
• Adshares (ADS) traded down 0% against the dollar and now trades at $0.70 or 0.00000751 BTC.
• BitShares (BTS) traded down 7.8% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Tezos

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,044,032,479 coins and its circulating supply is 1,023,704,484 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. Tezos’ official message board 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 U.S. dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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