Tezos (XTZ) Achieves Market Capitalization of $682.47 Million

Tezos (XTZ) traded 2.4% higher against the dollar during the 24-hour period ending at 16:00 PM ET on August 13th. One Tezos coin can currently be purchased for approximately $0.69 or 0.00001131 BTC on popular cryptocurrency exchanges. In the last week, Tezos has traded 6.3% higher against the dollar. Tezos has a market capitalization of $682.47 million and $17.86 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.13 or 0.00000212 BTC.
• Terra Classic (LUNC) traded up 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.9% lower against the dollar and now trades at $0.41 or 0.00000671 BTC.
• Terra (LUNA) traded up 0.4% against the dollar and now trades at $0.33 or 0.00000549 BTC.
• GXChain (GXC) traded 2.1% higher against the dollar and now trades at $0.37 or 0.00000603 BTC.
• Adshares (ADS) traded 5% lower against the dollar and now trades at $0.22 or 0.00000363 BTC.
• BitShares (BTS) traded 1% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Tezos Profile

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,014,908,814 coins and its circulating supply is 994,373,495 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board is forum.tezosagora.org.

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

XTZ/USD price chart by TradingView