EOS (EOS) Hits Self Reported Market Capitalization of $644.49 Million

EOS (EOS) traded 2.7% lower against the dollar during the twenty-four hour period ending at 0:00 AM ET on November 2nd. EOS has a total market capitalization of $644.49 million and approximately $46.85 million worth of EOS was traded on exchanges in the last day. One EOS coin can currently be purchased for $0.42 or 0.00000616 BTC on popular cryptocurrency exchanges. In the last week, EOS has traded 4.7% lower against the dollar.

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

• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.16 or 0.00000239 BTC.
• BitTorrent-New (BTT) traded down 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2% lower against the dollar and now trades at $0.62 or 0.00000898 BTC.
• Terra Classic (LUNC) traded down 5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.8% against the dollar and now trades at $0.34 or 0.00000490 BTC.
• Terra (LUNA) traded 4.7% lower against the dollar and now trades at $0.32 or 0.00000464 BTC.
• Lisk (LSK) traded down 3.6% against the dollar and now trades at $0.75 or 0.00001086 BTC.
• Ark (ARK) traded down 4.6% against the dollar and now trades at $0.46 or 0.00000672 BTC.
• USDX [Kava] (USDX) traded down 0.1% against the dollar and now trades at $0.56 or 0.00000819 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,524,949,131 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 website is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here.

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 U.S. dollars. Investors seeking to acquire EOS should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView