Tezos Market Capitalization Tops $684.95 Million (XTZ)

Tezos (XTZ) traded up 4.5% against the US dollar during the 1 day period ending at 11:00 AM ET on August 21st. During the last seven days, Tezos has traded 4.6% higher against the US dollar. Tezos has a market cap of $684.95 million and $14.02 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be bought for approximately $0.69 or 0.00001149 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded up 5.6% against the dollar and now trades at $0.16 or 0.00000268 BTC.
• Terra Classic (LUNC) traded 3.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.39 or 0.00000651 BTC.
• Terra (LUNA) traded up 1% against the dollar and now trades at $0.33 or 0.00000551 BTC.
• GXChain (GXC) traded 0.4% higher against the dollar and now trades at $0.37 or 0.00000626 BTC.
• Adshares (ADS) traded up 0.2% against the dollar and now trades at $0.23 or 0.00000380 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,016,103,002 coins and its circulating supply is 995,567,694 coins. The official website for Tezos is www.tezos.com. The official message board for Tezos is forum.tezosagora.org. 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 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 US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView