EOS (EOS) Achieves Self Reported Market Capitalization of $746.21 Million

EOS (EOS) traded 2.3% higher against the US dollar during the 24-hour period ending at 23:00 PM E.T. on October 18th. During the last seven days, EOS has traded up 3.4% against the US dollar. One EOS coin can now be purchased for about $0.49 or 0.00000716 BTC on major cryptocurrency exchanges. EOS has a market cap of $746.21 million and approximately $41.39 million worth of EOS was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000231 BTC.
• BitTorrent-New (BTT) traded 1.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 1.9% against the dollar and now trades at $0.70 or 0.00001022 BTC.
• Terra Classic (LUNC) traded 1.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.9% higher against the dollar and now trades at $0.39 or 0.00000567 BTC.
• Terra (LUNA) traded up 2.2% against the dollar and now trades at $0.37 or 0.00000544 BTC.
• Lisk (LSK) traded up 2.3% against the dollar and now trades at $0.83 or 0.00001217 BTC.
• Ark (ARK) traded down 0.4% against the dollar and now trades at $0.58 or 0.00000847 BTC.
• USDX [Kava] (USDX) traded down 3.2% against the dollar and now trades at $0.66 or 0.00000967 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,521,802,446 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. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here.

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.”

Buying and Selling EOS

It is usually not currently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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