EOS (EOS) Trading 19.2% Lower Over Last Week

EOS (EOS) traded down 6.3% against the US dollar during the 24-hour period ending at 14:00 PM E.T. on July 5th. One EOS coin can now be purchased for approximately $0.48 or 0.00000853 BTC on cryptocurrency exchanges. During the last seven days, EOS has traded 19.2% lower against the US dollar. EOS has a total market capitalization of $1.01 billion and $204.07 million worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded down 0.1% against the dollar and now trades at $0.13 or 0.00000226 BTC.
• BitTorrent-New (BTT) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.9% higher against the dollar and now trades at $0.72 or 0.00001288 BTC.
• Terra Classic (LUNC) traded down 6.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 10.2% lower against the dollar and now trades at $0.33 or 0.00000596 BTC.
• aelf (ELF) traded 5.5% lower against the dollar and now trades at $0.31 or 0.00000549 BTC.
• Lisk (LSK) traded down 4.9% against the dollar and now trades at $0.83 or 0.00001477 BTC.
• USDX [Kava] (USDX) traded 0.5% lower against the dollar and now trades at $0.80 or 0.00001422 BTC.
• Ark (ARK) traded 6.5% lower against the dollar and now trades at $0.32 or 0.00000571 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official website is eosnetwork.com.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

It is usually not presently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView