Tezos (XTZ) Market Capitalization Achieves $695.16 Million

Tezos (XTZ) traded down 1.2% against the U.S. dollar during the one day period ending at 8:00 AM E.T. on October 22nd. One Tezos coin can currently be purchased for about $0.69 or 0.00001025 BTC on popular exchanges. Tezos has a market cap 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 down 0.5% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 1.3% higher 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 up 1.3% against the dollar and now trades at $0.36 or 0.00000532 BTC.
• Adshares (ADS) traded 1.8% lower 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.

Tezos Coin Profile

Tezos uses the hashing algorithm. It was first traded on 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. The official message board for Tezos 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 buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView