EOS Self Reported Market Capitalization Hits $1.19 Billion (EOS)

EOS (EOS) traded down 3.3% against the U.S. dollar during the 1-day period ending at 18:00 PM E.T. on July 28th. Over the last seven days, EOS has traded 7.4% lower against the U.S. dollar. One EOS coin can currently be bought for about $0.57 or 0.00000830 BTC on popular exchanges. EOS has a total market cap of $1.19 billion and approximately $54.07 million worth of EOS was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 1.4% higher against the dollar and now trades at $0.14 or 0.00000204 BTC.
• BitTorrent-New (BTT) traded down 1.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 1.5% against the dollar and now trades at $0.77 or 0.00001130 BTC.
• Terra Classic (LUNC) traded 3.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 2.8% against the dollar and now trades at $0.40 or 0.00000593 BTC.
• aelf (ELF) traded 1.6% lower against the dollar and now trades at $0.39 or 0.00000577 BTC.
• Lisk (LSK) traded down 4% against the dollar and now trades at $1.00 or 0.00001473 BTC.
• USDX [Kava] (USDX) traded 1% higher against the dollar and now trades at $0.81 or 0.00001186 BTC.
• Ark (ARK) traded down 1.7% against the dollar and now trades at $0.39 or 0.00000577 BTC.

EOS Coin Profile

EOS (CRYPTO:EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 2,100,000,000 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.”

Buying and Selling EOS

It is usually not presently possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView