Tezos Market Capitalization Tops $929.52 Million (XTZ)

Tezos (XTZ) traded 2.1% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on May 9th. In the last seven days, Tezos has traded 0.5% higher against the U.S. dollar. Tezos has a market cap of $929.52 million and approximately $22.67 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be purchased for approximately $0.95 or 0.00001505 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 2% higher against the dollar and now trades at $0.13 or 0.00000200 BTC.
• Terra Classic (LUNC) traded 2.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.9% against the dollar and now trades at $0.62 or 0.00000993 BTC.
• aelf (ELF) traded 0.7% higher against the dollar and now trades at $0.55 or 0.00000868 BTC.
• GXChain (GXC) traded down 0.9% against the dollar and now trades at $0.40 or 0.00000628 BTC.
• Adshares (ADS) traded down 4.1% against the dollar and now trades at $0.39 or 0.00000626 BTC.
• BitShares (BTS) traded 2.7% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Tezos Profile

XTZ uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,001,675,888 coins and its circulating supply is 981,109,252 coins. The official website for Tezos is www.tezos.com. Tezos’ official message board is forum.tezosagora.org. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView