EOS Price Tops $0.50 (EOS)

EOS (EOS) traded up 3% against the US dollar during the 1-day period ending at 0:00 AM ET on October 20th. One EOS coin can currently be bought for about $0.50 or 0.00000727 BTC on exchanges. EOS has a total market capitalization of $761.77 million and $55.31 million worth of EOS was traded on exchanges in the last day. During the last seven days, EOS has traded up 4.5% against the US dollar.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000226 BTC.
• BitTorrent-New (BTT) traded 3.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2.6% higher against the dollar and now trades at $0.71 or 0.00001025 BTC.
• Terra Classic (LUNC) traded up 3.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.2% higher against the dollar and now trades at $0.39 or 0.00000566 BTC.
• Terra (LUNA) traded 4.4% higher against the dollar and now trades at $0.38 or 0.00000556 BTC.
• Lisk (LSK) traded 4.1% higher against the dollar and now trades at $0.86 or 0.00001243 BTC.
• Ark (ARK) traded 5.8% lower against the dollar and now trades at $0.61 or 0.00000886 BTC.
• USDX [Kava] (USDX) traded up 2.6% against the dollar and now trades at $0.69 or 0.00000999 BTC.

EOS Coin Profile

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,522,221,253 coins. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS 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.

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 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView