EOS (EOS) Trading 9.7% Higher Over Last 7 Days

EOS (EOS) traded 4.4% higher against the US dollar during the 24 hour period ending at 7:00 AM Eastern on January 4th. One EOS coin can currently be purchased for about $0.18 or 0.00000192 BTC on exchanges. EOS has a market capitalization of $281.93 million and approximately $118.81 thousand worth of EOS was traded on exchanges in the last day. During the last week, EOS has traded up 9.7% against the US dollar.

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

• TRON (TRX) traded 1.8% higher against the dollar and now trades at $0.29 or 0.00000322 BTC.
• Tezos (XTZ) traded up 3.7% against the dollar and now trades at $0.55 or 0.00000605 BTC.
• BitTorrent-New (BTT) traded 3.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 2.1% against the dollar and now trades at $0.0902 or 0.00000099 BTC.
• Terra (LUNA) traded up 2.5% against the dollar and now trades at $0.0969 or 0.00000106 BTC.
• Ark (ARK) traded up 3.7% against the dollar and now trades at $0.28 or 0.00000307 BTC.
• Lisk (LSK) traded up 4.9% against the dollar and now trades at $0.21 or 0.00000228 BTC.

About EOS

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 2,100,000,000 coins and its circulating supply is 1,604,275,453 coins. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @vaulta_ and its Facebook page is accessible here. EOS’s official website is eosnetwork.com. 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.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)”

Buying and Selling EOS

It is usually not currently 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, Gemini or Coinbase. 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