EOS (EOS) Trading Up 0.9% This Week

EOS (EOS) traded 1.8% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM ET on May 5th. EOS has a total market cap of $913.49 million and $78.46 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can currently be bought for about $0.81 or 0.00001274 BTC on cryptocurrency exchanges. During the last week, EOS has traded up 0.9% against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 1.6% against the dollar and now trades at $0.12 or 0.00000190 BTC.
• BitTorrent-New (BTT) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.9% lower against the dollar and now trades at $0.96 or 0.00001503 BTC.
• Terra Classic (LUNC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 2% against the dollar and now trades at $0.59 or 0.00000928 BTC.
• aelf (ELF) traded down 0.8% against the dollar and now trades at $0.55 or 0.00000870 BTC.
• Lisk (LSK) traded 2.1% lower against the dollar and now trades at $1.91 or 0.00003003 BTC.
• Ark (ARK) traded up 0.4% against the dollar and now trades at $0.81 or 0.00001265 BTC.
• USDX [Kava] (USDX) traded 0.9% higher against the dollar and now trades at $0.83 or 0.00001296 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 1,124,993,014 coins and its circulating supply is 1,125,000,779 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official website is eosnetwork.com. EOS’s official message board 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.

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 presently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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