Tezos Market Capitalization Tops $929.88 Million (XTZ)

Tezos (XTZ) traded 1.3% higher against the U.S. dollar during the twenty-four hour period ending at 16:00 PM E.T. on June 4th. Tezos has a market cap of $929.88 million and $26.77 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be bought for $0.94 or 0.00001344 BTC on major exchanges. During the last seven days, Tezos has traded down 3.3% against the U.S. dollar.

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

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded 0.5% higher against the dollar and now trades at $0.11 or 0.00000163 BTC.
  • Terra Classic (LUNC) traded 0.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded down 0.8% against the dollar and now trades at $0.65 or 0.00000918 BTC.
  • aelf (ELF) traded down 0.1% against the dollar and now trades at $0.48 or 0.00000687 BTC.
  • GXChain (GXC) traded 0.4% lower against the dollar and now trades at $0.40 or 0.00000568 BTC.
  • Adshares (ADS) traded down 0.7% against the dollar and now trades at $0.46 or 0.00000659 BTC.
  • BitShares (BTS) traded 2.6% higher against the dollar and now trades at $0.0030 or 0.00000004 BTC.

About Tezos

Tezos uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,004,670,997 coins and its circulating supply is 984,105,238 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official website for Tezos is www.tezos.com. 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 presently possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the aforementioned exchanges.

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