Tezos Price Down 5.5% Over Last Week (XTZ)

Tezos (XTZ) traded down 6.2% against the U.S. dollar during the 1-day period ending at 0:00 AM Eastern on October 1st. One Tezos coin can now be purchased for approximately $0.67 or 0.00001086 BTC on exchanges. Over the last week, Tezos has traded down 5.5% against the U.S. dollar. Tezos has a market cap of $674.13 million and $20.50 million worth of Tezos 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% lower against the dollar and now trades at $0.15 or 0.00000249 BTC.
• Terra Classic (LUNC) traded down 5.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 6% lower against the dollar and now trades at $0.38 or 0.00000612 BTC.
• Terra (LUNA) traded down 7% against the dollar and now trades at $0.39 or 0.00000626 BTC.
• GXChain (GXC) traded 4.9% lower against the dollar and now trades at $0.33 or 0.00000531 BTC.
• Adshares (ADS) traded down 1.7% against the dollar and now trades at $0.21 or 0.00000332 BTC.
• BitShares (BTS) traded down 4.7% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Tezos Coin Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,024,467,272 coins and its circulating supply is 1,003,939,603 coins. The official website for Tezos is www.tezos.com. 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. The official message board for Tezos is forum.tezosagora.org.

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 currently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView