Tezos (XTZ) Market Capitalization Reaches $949.94 Million

Tezos (XTZ) traded up 1.6% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on April 18th. One Tezos coin can currently be purchased for about $0.97 or 0.00001530 BTC on major cryptocurrency exchanges. Tezos has a market capitalization of $949.94 million and approximately $37.72 million worth of Tezos was traded on exchanges in the last day. Over the last week, Tezos has traded 24.3% lower against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 1.3% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Terra Classic (LUNC) traded 0.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.5% against the dollar and now trades at $0.61 or 0.00000957 BTC.
• aelf (ELF) traded 2% higher against the dollar and now trades at $0.56 or 0.00000879 BTC.
• GXChain (GXC) traded up 5.5% against the dollar and now trades at $0.43 or 0.00000679 BTC.
• Adshares (ADS) traded up 0% against the dollar and now trades at $0.37 or 0.00000590 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0030 or 0.00000005 BTC.

Tezos Profile

XTZ uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 999,168,941 coins and its circulating supply is 978,589,582 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board is forum.tezosagora.org. Tezos’ official website is www.tezos.com. 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.”

Buying and Selling Tezos

It is usually not possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView