Tezos (XTZ) Market Capitalization Achieves $637.55 Million

Tezos (XTZ) traded 5.1% lower against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on October 25th. One Tezos coin can currently be bought for about $0.63 or 0.00000949 BTC on exchanges. During the last seven days, Tezos has traded 9.3% lower against the US dollar. Tezos has a market capitalization of $637.55 million and $27.19 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1.2% lower against the dollar and now trades at $0.16 or 0.00000245 BTC.
• Terra Classic (LUNC) traded 4.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.8% lower against the dollar and now trades at $0.35 or 0.00000521 BTC.
• Terra (LUNA) traded down 9.5% against the dollar and now trades at $0.33 or 0.00000494 BTC.
• GXChain (GXC) traded 0.7% higher against the dollar and now trades at $0.35 or 0.00000531 BTC.
• Adshares (ADS) traded 2.7% lower against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded 4% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Tezos Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,029,297,422 coins and its circulating supply is 1,008,773,920 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board is forum.tezosagora.org. The official website for Tezos is www.tezos.com. 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 purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView