Tezos (XTZ) Market Capitalization Achieves $711.62 Million

Tezos (XTZ) traded up 3% against the dollar during the twenty-four hour period ending at 13:00 PM Eastern on October 14th. Tezos has a market capitalization of $711.62 million and $17.37 million worth of Tezos was traded on exchanges in the last 24 hours. In the last week, Tezos has traded up 3.8% against the dollar. One Tezos coin can now be bought for $0.71 or 0.00001077 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 1.8% lower against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Terra Classic (LUNC) traded 4.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.4% higher against the dollar and now trades at $0.39 or 0.00000589 BTC.
• Terra (LUNA) traded up 4.7% against the dollar and now trades at $0.37 or 0.00000566 BTC.
• GXChain (GXC) traded down 1.8% against the dollar and now trades at $0.35 or 0.00000528 BTC.
• Adshares (ADS) traded 8% higher against the dollar and now trades at $0.21 or 0.00000327 BTC.
• BitShares (BTS) traded 2% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Tezos

Tezos uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,027,000,106 coins and its circulating supply is 1,006,473,542 coins. Tezos’ official message board is forum.tezosagora.org. Tezos’ official website 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. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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.”

Buying and Selling Tezos

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

XTZ/USD price chart by TradingView