EOS Achieves Self Reported Market Cap of $751.38 Million (EOS)

EOS (EOS) traded down 2.1% against the dollar during the 24-hour period ending at 19:00 PM Eastern on October 21st. One EOS coin can now be purchased for approximately $0.49 or 0.00000729 BTC on major exchanges. Over the last week, EOS has traded down 0.1% against the dollar. EOS has a market capitalization of $751.38 million and approximately $62.95 million worth of EOS was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 1.1% against the dollar and now trades at $0.16 or 0.00000234 BTC.
• BitTorrent-New (BTT) traded 4.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.8% lower against the dollar and now trades at $0.70 or 0.00001028 BTC.
• Terra Classic (LUNC) traded down 0.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.9% against the dollar and now trades at $0.38 or 0.00000559 BTC.
• Terra (LUNA) traded 2% lower against the dollar and now trades at $0.38 or 0.00000557 BTC.
• Lisk (LSK) traded 2.3% lower against the dollar and now trades at $0.84 or 0.00001243 BTC.
• Ark (ARK) traded down 5.1% against the dollar and now trades at $0.58 or 0.00000856 BTC.
• USDX [Kava] (USDX) traded 3.8% lower against the dollar and now trades at $0.63 or 0.00000936 BTC.

About EOS

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,522,388,723 coins. EOS’s official website is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official message board is eosnetwork.com/blog.

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

EOS/USD price chart by TradingView