Tezos (XTZ) Trading Down 10.9% Over Last 7 Days

Tezos (XTZ) traded up 0.6% against the US dollar during the one day period ending at 7:00 AM E.T. on March 14th. One Tezos coin can now be bought for approximately $0.70 or 0.00000838 BTC on major exchanges. Over the last week, Tezos has traded 10.9% lower against the US dollar. Tezos has a market capitalization of $720.13 million and approximately $26.32 million worth of Tezos was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded 1.6% lower against the dollar and now trades at $0.22 or 0.00000266 BTC.
• Terra Classic (LUNC) traded 0.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 10.9% lower against the dollar and now trades at $0.26 or 0.00000311 BTC.
• Terra (LUNA) traded up 0.2% against the dollar and now trades at $0.19 or 0.00000235 BTC.
• Adshares (ADS) traded up 2.2% against the dollar and now trades at $0.53 or 0.00000632 BTC.
• GXChain (GXC) traded 2.5% lower against the dollar and now trades at $0.27 or 0.00000322 BTC.
• BitShares (BTS) traded down 1% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,054,774,444 coins and its circulating supply is 1,034,521,275 coins. The official message board for Tezos is forum.tezosagora.org. Tezos’ official website 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.

According to CryptoCompare, “Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique that mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.Blockchain data provided by: Blockchair (main source), TzStats (backup)”

Buying and Selling Tezos

It is usually not presently 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView