Tezos (XTZ) Hits Market Cap of $1.25 Billion

Tezos (XTZ) traded 3.1% lower against the dollar during the one day period ending at 11:00 AM E.T. on January 21st. During the last seven days, Tezos has traded 3.1% lower against the dollar. One Tezos coin can currently be purchased for about $1.22 or 0.00001164 BTC on cryptocurrency exchanges. Tezos has a market capitalization of $1.25 billion and $74.15 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded 1.1% lower against the dollar and now trades at $0.24 or 0.00000230 BTC.
• Terra Classic (LUNC) traded up 2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.7% against the dollar and now trades at $0.39 or 0.00000368 BTC.
• Terra (LUNA) traded up 0.1% against the dollar and now trades at $0.36 or 0.00000340 BTC.
• GXChain (GXC) traded down 0.4% against the dollar and now trades at $0.34 or 0.00000328 BTC.
• Adshares (ADS) traded 1.9% lower against the dollar and now trades at $0.62 or 0.00000591 BTC.
• BitShares (BTS) traded 2% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

About Tezos

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,046,278,837 coins and its circulating supply is 1,025,954,246 coins. The official message board for Tezos is forum.tezosagora.org. 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.

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 purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView