Tezos Reaches Market Capitalization of $670.02 Million (XTZ)

Tezos (XTZ) traded 6.3% lower against the US dollar during the 24 hour period ending at 8:00 AM Eastern on July 5th. One Tezos coin can now be bought for approximately $0.68 or 0.00001225 BTC on cryptocurrency exchanges. In the last seven days, Tezos has traded down 11.6% against the US dollar. Tezos has a total market cap of $670.02 million and approximately $34.75 million worth of Tezos was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 0.5% against the dollar and now trades at $0.13 or 0.00000228 BTC.
• Terra Classic (LUNC) traded down 9.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 12.2% lower against the dollar and now trades at $0.33 or 0.00000604 BTC.
• aelf (ELF) traded down 6.8% against the dollar and now trades at $0.31 or 0.00000554 BTC.
• GXChain (GXC) traded up 0.4% against the dollar and now trades at $0.34 or 0.00000611 BTC.
• Adshares (ADS) traded 7.7% lower against the dollar and now trades at $0.34 or 0.00000621 BTC.
• BitShares (BTS) traded 3% lower against the dollar and now trades at $0.0020 or 0.00000004 BTC.

Tezos Coin Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,008,561,497 coins and its circulating supply is 987,999,546 coins. The official message board for Tezos 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 website is www.tezos.com. 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.”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView