Tezos (XTZ) Achieves Market Cap of $694.21 Million

Tezos (XTZ) traded 1.3% lower against the U.S. dollar during the twenty-four hour period ending at 0:00 AM Eastern on October 19th. One Tezos coin can currently be purchased for about $0.69 or 0.00001010 BTC on exchanges. During the last week, Tezos has traded 0.2% lower against the U.S. dollar. Tezos has a total market capitalization of $694.21 million and $12.09 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Terra Classic (LUNC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1% against the dollar and now trades at $0.38 or 0.00000564 BTC.
• Terra (LUNA) traded down 1% against the dollar and now trades at $0.37 or 0.00000539 BTC.
• GXChain (GXC) traded up 1.1% against the dollar and now trades at $0.36 or 0.00000530 BTC.
• Adshares (ADS) traded 11.4% higher against the dollar and now trades at $0.23 or 0.00000336 BTC.
• BitShares (BTS) traded down 1.5% against the dollar and now trades at $0.0017 or 0.00000002 BTC.

About Tezos

XTZ uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,028,141,996 coins and its circulating supply is 1,007,617,181 coins. 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. 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 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, Gemini or GDAX. 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