EOS Reaches Self Reported Market Capitalization of $974.25 Million (EOS)

EOS (EOS) traded 1.2% higher against the dollar during the 24-hour period ending at 22:00 PM E.T. on October 10th. EOS has a total market capitalization of $974.25 million and approximately $47.39 million worth of EOS was traded on exchanges in the last 24 hours. During the last week, EOS has traded 1.4% lower against the dollar. One EOS coin can now be bought for about $0.46 or 0.00000767 BTC on major exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 0.8% against the dollar and now trades at $0.16 or 0.00000262 BTC.
• BitTorrent-New (BTT) traded down 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 0.2% against the dollar and now trades at $0.65 or 0.00001079 BTC.
• Terra Classic (LUNC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% lower against the dollar and now trades at $0.36 or 0.00000603 BTC.
• Terra (LUNA) traded 0.8% lower against the dollar and now trades at $0.35 or 0.00000583 BTC.
• Lisk (LSK) traded up 1% against the dollar and now trades at $0.81 or 0.00001333 BTC.
• Ark (ARK) traded up 8% against the dollar and now trades at $0.46 or 0.00000756 BTC.
• USDX [Kava] (USDX) traded 4.2% lower against the dollar and now trades at $0.67 or 0.00001104 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. 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. 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.”

Buying and Selling EOS

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

EOS/USD price chart by TradingView