EOS Achieves Self Reported Market Capitalization of $696.95 Million (EOS)

EOS (EOS) traded up 7.2% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM ET on November 6th. One EOS coin can currently be purchased for about $0.46 or 0.00000604 BTC on exchanges. EOS has a market capitalization of $696.95 million and approximately $102.22 million worth of EOS was traded on exchanges in the last day. In the last seven days, EOS has traded down 1.2% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.16 or 0.00000215 BTC.
• BitTorrent-New (BTT) traded up 7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 6.4% higher against the dollar and now trades at $0.65 or 0.00000865 BTC.
• Terra Classic (LUNC) traded 7.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 6.2% higher against the dollar and now trades at $0.35 or 0.00000465 BTC.
• Terra (LUNA) traded 9.6% higher against the dollar and now trades at $0.34 or 0.00000454 BTC.
• Lisk (LSK) traded 7.7% higher against the dollar and now trades at $0.81 or 0.00001074 BTC.
• Ark (ARK) traded up 4.1% against the dollar and now trades at $0.53 or 0.00000701 BTC.
• USDX [Kava] (USDX) traded down 0.7% against the dollar and now trades at $0.55 or 0.00000731 BTC.

About EOS

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,525,728,695 coins. 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. The official message board for EOS is eosnetwork.com/blog. 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 possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly 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