Tezos Trading Down 4.7% Over Last 7 Days (XTZ)

Tezos (XTZ) traded up 1.2% against the US dollar during the 1-day period ending at 21:00 PM E.T. on May 5th. Tezos has a total market capitalization of $944.76 million and approximately $19.05 million worth of Tezos was traded on exchanges in the last day. Over the last week, Tezos has traded 4.7% lower against the US dollar. One Tezos coin can currently be bought for about $0.96 or 0.00001501 BTC on cryptocurrency exchanges.

Here’s how similar 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 0.2% lower against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Terra Classic (LUNC) traded 11.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 11.3% higher against the dollar and now trades at $0.65 or 0.00001019 BTC.
• aelf (ELF) traded 1.5% higher against the dollar and now trades at $0.56 or 0.00000871 BTC.
• GXChain (GXC) traded up 1.2% against the dollar and now trades at $0.44 or 0.00000691 BTC.
• Adshares (ADS) traded up 4.9% against the dollar and now trades at $0.41 or 0.00000642 BTC.
• BitShares (BTS) traded down 2.9% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,001,255,865 coins and its circulating supply is 980,689,230 coins. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org. 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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView