EOS (EOS) Trading 9.8% Lower Over Last Week

EOS (EOS) traded 0.2% higher against the dollar during the 1-day period ending at 10:00 AM Eastern on March 14th. EOS has a market cap of $777.16 million and $68.89 million worth of EOS was traded on exchanges in the last day. One EOS coin can currently be bought for about $0.50 or 0.00000605 BTC on popular exchanges. Over the last seven days, EOS has traded 9.8% lower against the dollar.

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

• TRON (TRX) traded 2% lower against the dollar and now trades at $0.22 or 0.00000268 BTC.
• Tezos (XTZ) traded up 1.6% against the dollar and now trades at $0.69 or 0.00000839 BTC.
• BitTorrent-New (BTT) traded up 0.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 1.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 6% against the dollar and now trades at $0.25 or 0.00000304 BTC.
• Terra (LUNA) traded up 3.1% against the dollar and now trades at $0.20 or 0.00000240 BTC.
• Lisk (LSK) traded up 3.2% against the dollar and now trades at $0.57 or 0.00000684 BTC.
• Ark (ARK) traded 2.6% higher against the dollar and now trades at $0.34 or 0.00000410 BTC.

EOS Coin 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 1,552,369,083 coins. The official website for EOS is eosnetwork.com. 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. EOS’s official message board is eosnetwork.com/blog.

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)”

EOS Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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