EOS (EOS) Tops One Day Volume of $120.15 Million

EOS (EOS) traded 5.7% lower against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on January 29th. One EOS coin can currently be purchased for about $0.72 or 0.00000707 BTC on major cryptocurrency exchanges. During the last week, EOS has traded 12.4% lower against the U.S. dollar. EOS has a total market capitalization of $1.11 billion and approximately $120.15 million worth of EOS was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 3% against the dollar and now trades at $0.24 or 0.00000233 BTC.
• Tezos (XTZ) traded 3.3% lower against the dollar and now trades at $1.05 or 0.00001026 BTC.
• BitTorrent-New (BTT) traded down 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 3.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.7% against the dollar and now trades at $0.34 or 0.00000335 BTC.
• Terra (LUNA) traded 4.3% lower against the dollar and now trades at $0.31 or 0.00000300 BTC.
• Lisk (LSK) traded down 3.8% against the dollar and now trades at $0.84 or 0.00000818 BTC.
• Ark (ARK) traded 4.5% lower against the dollar and now trades at $0.49 or 0.00000481 BTC.
• USDX [Kava] (USDX) traded 0.2% lower against the dollar and now trades at $0.61 or 0.00000598 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,543,190,947 coins. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. 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.

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

EOS/USD price chart by TradingView