Tezos (XTZ) Market Capitalization Achieves $695.16 Million

Tezos (XTZ) traded down 1.2% against the dollar during the 1 day period ending at 8:00 AM Eastern on October 22nd. One Tezos coin can currently be purchased for approximately $0.69 or 0.00001025 BTC on exchanges. Tezos has a market capitalization of $695.16 million and approximately $22.48 million worth of Tezos was traded on exchanges in the last day. In the last week, Tezos has traded 0.5% lower against the dollar.

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

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.16 or 0.00000237 BTC.
• Terra Classic (LUNC) traded 2.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2% against the dollar and now trades at $0.37 or 0.00000556 BTC.
• Terra (LUNA) traded up 1.9% against the dollar and now trades at $0.38 or 0.00000569 BTC.
• GXChain (GXC) traded 1.3% higher against the dollar and now trades at $0.36 or 0.00000532 BTC.
• Adshares (ADS) traded down 1.8% against the dollar and now trades at $0.23 or 0.00000336 BTC.
• BitShares (BTS) traded 2.6% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,028,658,637 coins and its circulating supply is 1,008,135,135 coins. The official website for Tezos is www.tezos.com. 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 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.”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView