Tezos Achieves Market Capitalization of $804.63 Million (XTZ)

Tezos (XTZ) traded up 1.4% against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on February 26th. Tezos has a market cap of $804.63 million and approximately $31.74 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be purchased for about $0.78 or 0.00000880 BTC on exchanges. In the last seven days, Tezos has traded down 10.2% against the U.S. dollar.

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

• TRON (TRX) traded 0.7% lower against the dollar and now trades at $0.23 or 0.00000259 BTC.
• Terra Classic (LUNC) traded up 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.2% higher against the dollar and now trades at $0.26 or 0.00000297 BTC.
• Terra (LUNA) traded 3.2% higher against the dollar and now trades at $0.23 or 0.00000256 BTC.
• Adshares (ADS) traded up 2.9% against the dollar and now trades at $0.55 or 0.00000621 BTC.
• GXChain (GXC) traded up 8.7% against the dollar and now trades at $0.25 or 0.00000286 BTC.
• BitShares (BTS) traded up 2.5% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Tezos Profile

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,052,228,287 coins and its circulating supply is 1,031,973,984 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official message board for Tezos is forum.tezosagora.org.

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.”

Buying and Selling Tezos

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

XTZ/USD price chart by TradingView