Tezos (XTZ) Trading 8.4% Lower This Week

Tezos (XTZ) traded down 2.1% against the US dollar during the 1 day period ending at 20:00 PM Eastern on August 15th. Tezos has a total market cap of $641.25 million and $18.90 million worth of Tezos was traded on exchanges in the last 24 hours. During the last seven days, Tezos has traded 8.4% lower against the US dollar. One Tezos coin can currently be purchased for approximately $0.64 or 0.00001121 BTC on popular exchanges.

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

• TRON (TRX) traded 0.4% lower against the dollar and now trades at $0.13 or 0.00000227 BTC.
• Terra Classic (LUNC) traded down 4.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.1% lower against the dollar and now trades at $0.38 or 0.00000664 BTC.
• Terra (LUNA) traded 4.5% lower against the dollar and now trades at $0.31 or 0.00000546 BTC.
• GXChain (GXC) traded down 1.6% against the dollar and now trades at $0.37 or 0.00000635 BTC.
• Adshares (ADS) traded 0.3% lower against the dollar and now trades at $0.22 or 0.00000385 BTC.
• BitShares (BTS) traded down 2.9% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,015,101,331 coins and its circulating supply is 994,566,012 coins. Tezos’ official website is www.tezos.com. The official message board for Tezos is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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 buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView