Tezos (XTZ) Price Hits $1.06

Tezos (XTZ) traded up 0.8% against the dollar during the one day period ending at 12:00 PM ET on April 23rd. One Tezos coin can now be bought for $1.06 or 0.00001590 BTC on popular cryptocurrency exchanges. In the last week, Tezos has traded up 8.7% against the dollar. Tezos has a total market capitalization of $1.04 billion and approximately $25.27 million worth of Tezos was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Terra Classic (LUNC) traded up 2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 2.3% against the dollar and now trades at $0.67 or 0.00001012 BTC.
• aelf (ELF) traded up 1.5% against the dollar and now trades at $0.59 or 0.00000892 BTC.
• GXChain (GXC) traded up 6.9% against the dollar and now trades at $0.45 or 0.00000668 BTC.
• Adshares (ADS) traded up 0.5% against the dollar and now trades at $0.43 or 0.00000651 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.

About Tezos

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 999,811,134 coins and its circulating supply is 979,244,499 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official message board is forum.tezosagora.org. The official website for Tezos is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 currently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView