EOS Trading Down 21.8% Over Last 7 Days (EOS)

EOS (EOS) traded down 14.6% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on July 5th. One EOS coin can now be purchased for $0.46 or 0.00000834 BTC on exchanges. In the last week, EOS has traded 21.8% lower against the US dollar. EOS has a total market capitalization of $966.20 million and $202.18 million worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.12 or 0.00000226 BTC.
• BitTorrent-New (BTT) traded 8.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 9% against the dollar and now trades at $0.66 or 0.00001201 BTC.
• Terra Classic (LUNC) traded 12% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 13.5% lower against the dollar and now trades at $0.33 or 0.00000599 BTC.
• aelf (ELF) traded down 8.8% against the dollar and now trades at $0.30 or 0.00000550 BTC.
• Lisk (LSK) traded 13% lower against the dollar and now trades at $0.79 or 0.00001437 BTC.
• USDX [Kava] (USDX) traded 0.8% lower against the dollar and now trades at $0.79 or 0.00001435 BTC.
• Ark (ARK) traded down 11.2% against the dollar and now trades at $0.31 or 0.00000562 BTC.

EOS Coin Profile

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. The official message board for EOS is eosnetwork.com/blog. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com.

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 currently possible to purchase alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView