EOS Trading Up 14.2% This Week (EOS)

EOS (EOS) traded 3.3% higher against the dollar during the twenty-four hour period ending at 17:00 PM E.T. on January 25th. In the last week, EOS has traded 14.2% higher against the dollar. One EOS coin can currently be purchased for about $1.10 or 0.00004688 BTC on cryptocurrency exchanges. EOS has a total market cap of $1.19 billion and approximately $196.41 million worth of EOS was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Belrium (BEL) traded up 1.7% against the dollar and now trades at $4.94 or 0.00021088 BTC.
• TRON (TRX) traded 1.4% higher against the dollar and now trades at $0.0621 or 0.00000265 BTC.
• Terra Classic (LUNC) traded 0.7% higher against the dollar and now trades at $0.0002 or 0.00000001 BTC.
• Tezos (XTZ) traded 0.8% higher against the dollar and now trades at $1.10 or 0.00004712 BTC.
• BitTorrent-New (BTT) traded 0.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded 2.9% higher against the dollar and now trades at $2.20 or 0.00009414 BTC.
• Lisk (LSK) traded down 0.9% against the dollar and now trades at $0.94 or 0.00003995 BTC.
• aelf (ELF) traded down 0.2% against the dollar and now trades at $0.18 or 0.00000779 BTC.
• USDX [Kava] (USDX) traded down 1.1% against the dollar and now trades at $0.88 or 0.00003765 BTC.
• Ark (ARK) traded down 2% against the dollar and now trades at $0.32 or 0.00001366 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 1,080,862,189 coins. 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. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnfoundation and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.