EOS (EOS) Self Reported Market Cap Hits $852.11 Million

EOS (EOS) traded up 1.7% against the dollar during the twenty-four hour period ending at 9:00 AM ET on March 22nd. During the last seven days, EOS has traded up 9.1% against the dollar. One EOS coin can currently be purchased for about $0.55 or 0.00000652 BTC on exchanges. EOS has a total market capitalization of $852.11 million and approximately $99.39 million worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded down 0.2% against the dollar and now trades at $0.23 or 0.00000279 BTC.
• Tezos (XTZ) traded 2.7% higher against the dollar and now trades at $0.70 or 0.00000834 BTC.
• BitTorrent-New (BTT) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded up 1.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.3% against the dollar and now trades at $0.25 or 0.00000294 BTC.
• Terra (LUNA) traded 3.2% higher against the dollar and now trades at $0.21 or 0.00000245 BTC.
• Lisk (LSK) traded up 3.4% against the dollar and now trades at $0.57 or 0.00000673 BTC.
• Ark (ARK) traded 6.5% higher against the dollar and now trades at $0.35 or 0.00000415 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,554,032,677 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS 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.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.Blockexplorer: https://eospark.com/In the case of EOS, circulating supply and total supply are available but max supply is not available, which indicates that EOS supply is infinite. The current cap is 1 billion tokens, there will be an inflation of up to 5% per annum to reward the block producers and they may use these to sell or to invest back into EOS dapps.Blockchain data provided by: Blockchair (main source), Bloks.io (backup)”

Buying and Selling EOS

It is usually not presently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView