EOS Achieves Self Reported Market Capitalization of $941.71 Million (EOS)

EOS (EOS) traded 0.2% lower against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on April 24th. One EOS coin can now be bought for approximately $0.84 or 0.00001302 BTC on cryptocurrency exchanges. EOS has a market capitalization of $941.71 million and $125.73 million worth of EOS was traded on exchanges in the last 24 hours. In the last week, EOS has traded 14.1% higher against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.4% higher against the dollar and now trades at $0.11 or 0.00000177 BTC.
• BitTorrent-New (BTT) traded down 3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 2.9% against the dollar and now trades at $1.03 or 0.00001594 BTC.
• Terra Classic (LUNC) traded down 4.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4.8% lower against the dollar and now trades at $0.64 or 0.00000993 BTC.
• aelf (ELF) traded 2.3% lower against the dollar and now trades at $0.59 or 0.00000912 BTC.
• Lisk (LSK) traded 5.8% lower against the dollar and now trades at $1.68 or 0.00002606 BTC.
• Ark (ARK) traded down 6.3% against the dollar and now trades at $0.86 or 0.00001330 BTC.
• USDX [Kava] (USDX) traded 0.1% higher against the dollar and now trades at $0.82 or 0.00001278 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 1,123,968,125 coins and its circulating supply is 1,123,962,159 coins. EOS’s official website is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog. 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.

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

EOS/USD price chart by TradingView