Tezos (XTZ) Hits Market Cap of $727.72 Million

Tezos (XTZ) traded down 2.2% against the US dollar during the one day period ending at 10:00 AM Eastern on November 14th. One Tezos coin can currently be purchased for approximately $0.72 or 0.00000806 BTC on exchanges. During the last seven days, Tezos has traded up 11.2% against the US dollar. Tezos has a total market capitalization of $727.72 million and approximately $48.51 million worth of Tezos was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 0% lower against the dollar and now trades at $0.18 or 0.00000201 BTC.
• Terra Classic (LUNC) traded down 3.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 4.4% against the dollar and now trades at $0.36 or 0.00000408 BTC.
• Terra (LUNA) traded 4.3% lower against the dollar and now trades at $0.37 or 0.00000410 BTC.
• GXChain (GXC) traded up 7.2% against the dollar and now trades at $0.40 or 0.00000446 BTC.
• Adshares (ADS) traded down 1% against the dollar and now trades at $0.31 or 0.00000353 BTC.
• BitShares (BTS) traded 1.8% higher against the dollar and now trades at $0.0019 or 0.00000002 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,033,087,487 coins and its circulating supply is 1,012,578,834 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official website is www.tezos.com. The official message board for Tezos 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.”

Buying and Selling Tezos

It is usually not presently possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX 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