Tezos (XTZ) Price Down 12.5% Over Last Week

Tezos (XTZ) traded 12.5% lower against the U.S. dollar during the twenty-four hour period ending at 7:00 AM E.T. on April 7th. During the last week, Tezos has traded down 12.5% against the U.S. dollar. Tezos has a market cap of $585.93 million and $37.09 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be bought for $0.56 or 0.00000733 BTC on major exchanges.

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

• TRON (TRX) traded 5.5% lower against the dollar and now trades at $0.23 or 0.00000293 BTC.
• Terra Classic (LUNC) traded down 6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 9.8% against the dollar and now trades at $0.23 or 0.00000295 BTC.
• Terra (LUNA) traded down 11.7% against the dollar and now trades at $0.15 or 0.00000190 BTC.
• GXChain (GXC) traded 4.6% lower against the dollar and now trades at $0.25 or 0.00000328 BTC.
• Adshares (ADS) traded 7.7% lower against the dollar and now trades at $0.49 or 0.00000632 BTC.
• BitShares (BTS) traded 7.2% lower against the dollar and now trades at $0.0009 or 0.00000001 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,058,343,677 coins and its circulating supply is 1,038,093,291 coins. 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. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed 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 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, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView