EOS Price Reaches $0.98 on Exchanges (EOS)

EOS (EOS) traded up 12.2% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on January 17th. EOS has a total market capitalization of $1.51 billion and approximately $494.86 million worth of EOS was traded on exchanges in the last day. One EOS coin can currently be bought for approximately $0.98 or 0.00000945 BTC on exchanges. During the last seven days, EOS has traded 23.6% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • TRON (TRX) traded up 4.3% against the dollar and now trades at $0.25 or 0.00000238 BTC.
  • Tezos (XTZ) traded up 3.4% against the dollar and now trades at $1.41 or 0.00001354 BTC.
  • BitTorrent-New (BTT) traded up 4.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Terra Classic (LUNC) traded up 3.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.46 or 0.00000440 BTC.
  • Terra (LUNA) traded up 4.1% against the dollar and now trades at $0.43 or 0.00000416 BTC.
  • Lisk (LSK) traded up 3.1% against the dollar and now trades at $1.02 or 0.00000986 BTC.
  • Ark (ARK) traded 4.5% higher against the dollar and now trades at $0.63 or 0.00000603 BTC.
  • USDX [Kava] (USDX) traded down 3.8% against the dollar and now trades at $0.66 or 0.00000632 BTC.

EOS Coin 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 and its circulating supply is 1,540,696,341 coins. EOS’s official message board 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.”

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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.

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