Tezos Trading Down 13.3% Over Last Week (XTZ)

Tezos (XTZ) traded down 3.2% against the U.S. dollar during the twenty-four hour period ending at 16:00 PM ET on August 3rd. One Tezos coin can currently be purchased for about $0.67 or 0.00001107 BTC on exchanges. Tezos has a market capitalization of $665.73 million and approximately $27.72 million worth of Tezos was traded on exchanges in the last day. In the last seven days, Tezos has traded down 13.3% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Terra Classic (LUNC) traded down 4.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 5.9% lower against the dollar and now trades at $0.41 or 0.00000673 BTC.
• Terra (LUNA) traded 6.5% lower against the dollar and now trades at $0.33 or 0.00000542 BTC.
• GXChain (GXC) traded 0.3% lower against the dollar and now trades at $0.38 or 0.00000627 BTC.
• Adshares (ADS) traded 4.5% lower against the dollar and now trades at $0.25 or 0.00000414 BTC.
• BitShares (BTS) traded 0.5% higher against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Tezos Coin Profile

Tezos uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,013,107,513 coins and its circulating supply is 992,559,231 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official message board is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com.

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 trade Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView