EOS (EOS) Price Down 6.3% Over Last 7 Days

EOS (EOS) traded down 2.1% against the U.S. dollar during the one day period ending at 12:00 PM Eastern on July 28th. EOS has a market capitalization of $1.19 billion and approximately $65.84 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for $0.57 or 0.00000838 BTC on major exchanges. Over the last week, EOS has traded 6.3% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.14 or 0.00000205 BTC.
• BitTorrent-New (BTT) traded 3.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.5% lower against the dollar and now trades at $0.77 or 0.00001139 BTC.
• Terra Classic (LUNC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 0.4% against the dollar and now trades at $0.41 or 0.00000606 BTC.
• aelf (ELF) traded down 1% against the dollar and now trades at $0.39 or 0.00000579 BTC.
• Lisk (LSK) traded 3% lower against the dollar and now trades at $1.00 or 0.00001484 BTC.
• USDX [Kava] (USDX) traded 0.9% higher against the dollar and now trades at $0.80 or 0.00001188 BTC.
• Ark (ARK) traded 1.1% lower against the dollar and now trades at $0.39 or 0.00000581 BTC.

EOS Profile

EOS (CRYPTO: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. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official website is eosnetwork.com. 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.

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 purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView