EOS (EOS) Price Down 12.3% This Week

EOS (EOS) traded 3.4% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on August 4th. EOS has a market capitalization of $1.06 billion and $91.29 million worth of EOS was traded on exchanges in the last day. One EOS coin can now be purchased for $0.50 or 0.00000824 BTC on popular exchanges. During the last seven days, EOS has traded 12.3% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• TRON (TRX) traded up 2.9% against the dollar and now trades at $0.13 or 0.00000210 BTC.
• BitTorrent-New (BTT) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 1.9% against the dollar and now trades at $0.69 or 0.00001131 BTC.
• Terra Classic (LUNC) traded 4.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 16.6% lower against the dollar and now trades at $0.39 or 0.00000635 BTC.
• Terra (LUNA) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000547 BTC.
• Lisk (LSK) traded down 4.7% against the dollar and now trades at $0.83 or 0.00001360 BTC.
• USDX [Kava] (USDX) traded down 0.1% against the dollar and now trades at $0.80 or 0.00001311 BTC.
• Ark (ARK) traded 7.8% lower against the dollar and now trades at $0.33 or 0.00000534 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. 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 message board is eosnetwork.com/blog. 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.”

EOS Coin Trading

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

EOS/USD price chart by TradingView