EOS Reaches Self Reported Market Cap of $1.18 Billion (EOS)

EOS (EOS) traded 12.5% lower against the US dollar during the one day period ending at 23:00 PM Eastern on June 17th. One EOS coin can currently be bought for $0.56 or 0.00000862 BTC on major exchanges. In the last week, EOS has traded down 19% against the US dollar. EOS has a market cap of $1.18 billion and approximately $200.19 million worth of EOS was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • TRON (TRX) traded 3% lower against the dollar and now trades at $0.11 or 0.00000175 BTC.
  • BitTorrent-New (BTT) traded 10.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Tezos (XTZ) traded 10.8% lower against the dollar and now trades at $0.71 or 0.00001093 BTC.
  • Terra Classic (LUNC) traded 17.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded down 18.2% against the dollar and now trades at $0.42 or 0.00000646 BTC.
  • aelf (ELF) traded up 18.4% against the dollar and now trades at $0.44 or 0.00000673 BTC.
  • Lisk (LSK) traded 8.1% lower against the dollar and now trades at $1.00 or 0.00001529 BTC.
  • Ark (ARK) traded down 17.8% against the dollar and now trades at $0.66 or 0.00001008 BTC.
  • USDX [Kava] (USDX) traded down 0.5% against the dollar and now trades at $0.82 or 0.00001253 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 2,100,000,000 coins. The official website for EOS is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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.”

EOS Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

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