EOS Achieves Self Reported Market Capitalization of $941.71 Million (EOS)

EOS (EOS) traded down 0.2% against the dollar during the 1-day period ending at 15:00 PM ET on April 24th. One EOS coin can now be purchased for about $0.84 or 0.00001302 BTC on exchanges. EOS has a market cap of $941.71 million and $125.73 million worth of EOS was traded on exchanges in the last day. During the last week, EOS has traded 14.1% higher against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.4% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• BitTorrent-New (BTT) traded 3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 2.9% against the dollar and now trades at $1.03 or 0.00001594 BTC.
• Terra Classic (LUNC) traded 4.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4.8% lower against the dollar and now trades at $0.64 or 0.00000993 BTC.
• aelf (ELF) traded 2.3% lower against the dollar and now trades at $0.59 or 0.00000912 BTC.
• Lisk (LSK) traded 5.8% lower against the dollar and now trades at $1.68 or 0.00002606 BTC.
• Ark (ARK) traded 6.3% lower against the dollar and now trades at $0.86 or 0.00001330 BTC.
• USDX [Kava] (USDX) traded up 0.1% against the dollar and now trades at $0.82 or 0.00001278 BTC.

About EOS

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 1,123,968,125 coins and its circulating supply is 1,123,962,159 coins. The official website for EOS is eosnetwork.com. 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. EOS’s official message board is eosnetwork.com/blog.

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.”

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 acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView