EOS Trading Down 3.7% Over Last Week (EOS)

EOS (EOS) traded 3.2% lower against the US dollar during the 24 hour period ending at 7:00 AM E.T. on January 12th. EOS has a market cap of $273.65 million and approximately $141.17 thousand worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can currently be purchased for approximately $0.17 or 0.00000189 BTC on major exchanges. In the last seven days, EOS has traded down 3.7% against the US dollar.

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

• TRON (TRX) traded 0.5% lower against the dollar and now trades at $0.30 or 0.00000328 BTC.
• Tezos (XTZ) traded 2% lower against the dollar and now trades at $0.56 or 0.00000623 BTC.
• BitTorrent-New (BTT) traded down 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 6.8% lower against the dollar and now trades at $0.10 or 0.00000114 BTC.
• Terra (LUNA) traded 2.7% lower against the dollar and now trades at $0.0880 or 0.00000097 BTC.
• Ark (ARK) traded down 3% against the dollar and now trades at $0.28 or 0.00000307 BTC.
• Lisk (LSK) traded 6.1% lower against the dollar and now trades at $0.20 or 0.00000216 BTC.

EOS 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 and its circulating supply is 1,604,275,453 coins. EOS’s official Twitter account is @vaulta_ 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. EOS’s official website is eosnetwork.com.

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

EOS/USD price chart by TradingView