EOS (EOS) Self Reported Market Capitalization Tops $1.10 Billion

EOS (EOS) traded 8.8% higher against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on July 6th. One EOS coin can now be bought for about $0.52 or 0.00000897 BTC on popular cryptocurrency exchanges. EOS has a market capitalization of $1.10 billion and approximately $81.05 million worth of EOS was traded on exchanges in the last day. Over the last week, EOS has traded down 7.4% against the U.S. dollar.

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

• TRON (TRX) traded 2.1% higher against the dollar and now trades at $0.13 or 0.00000223 BTC.
• BitTorrent-New (BTT) traded up 5.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 3% against the dollar and now trades at $0.75 or 0.00001280 BTC.
• Terra Classic (LUNC) traded 8.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 10.7% higher against the dollar and now trades at $0.37 or 0.00000637 BTC.
• aelf (ELF) traded 14.7% higher against the dollar and now trades at $0.36 or 0.00000623 BTC.
• Lisk (LSK) traded up 8.5% against the dollar and now trades at $0.90 or 0.00001549 BTC.
• USDX [Kava] (USDX) traded up 0.7% against the dollar and now trades at $0.80 or 0.00001379 BTC.
• Ark (ARK) traded up 5.8% against the dollar and now trades at $0.34 or 0.00000587 BTC.

EOS Coin Profile

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

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.”

EOS Coin Trading

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

EOS/USD price chart by TradingView