Tezos Trading 13.5% Lower Over Last Week (XTZ)

Tezos (XTZ) traded 0.3% lower against the U.S. dollar during the 1 day period ending at 16:00 PM Eastern on August 4th. During the last seven days, Tezos has traded 13.5% lower against the U.S. dollar. Tezos has a total market cap of $663.95 million and approximately $27.01 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be bought for about $0.67 or 0.00001131 BTC on exchanges.

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

• TRON (TRX) traded up 1.6% against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Terra Classic (LUNC) traded 3.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 7% lower against the dollar and now trades at $0.37 or 0.00000628 BTC.
• Terra (LUNA) traded down 2.7% against the dollar and now trades at $0.32 or 0.00000540 BTC.
• GXChain (GXC) traded 1.2% lower against the dollar and now trades at $0.37 or 0.00000630 BTC.
• Adshares (ADS) traded down 11.1% against the dollar and now trades at $0.22 or 0.00000377 BTC.
• BitShares (BTS) traded 1.1% higher against the dollar and now trades at $0.0021 or 0.00000003 BTC.

Tezos Coin Profile

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,013,189,531 coins and its circulating supply is 992,641,249 coins. 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. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 currently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView