EOS (EOS) Price Reaches $1.04 on Top Exchanges

EOS (EOS) traded 5.2% lower against the dollar during the one day period ending at 9:00 AM ET on December 16th. One EOS coin can currently be bought for $1.04 or 0.00000982 BTC on popular exchanges. EOS has a total market cap of $1.59 billion and approximately $281.33 million worth of EOS was traded on exchanges in the last day. Over the last seven days, EOS has traded 15.6% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded 1.8% lower against the dollar and now trades at $0.28 or 0.00000265 BTC.
• Tezos (XTZ) traded down 2.7% against the dollar and now trades at $1.45 or 0.00001366 BTC.
• BitTorrent-New (BTT) traded down 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 3.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 3.3% against the dollar and now trades at $0.54 or 0.00000508 BTC.
• aelf (ELF) traded down 4% against the dollar and now trades at $0.51 or 0.00000480 BTC.
• Lisk (LSK) traded 4.2% lower against the dollar and now trades at $1.09 or 0.00001034 BTC.
• Ark (ARK) traded 3% lower against the dollar and now trades at $0.61 or 0.00000579 BTC.
• USDX [Kava] (USDX) traded down 7.7% against the dollar and now trades at $0.71 or 0.00000674 BTC.

EOS 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 1,534,006,621 coins. The official website for EOS is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. The official message board for EOS is eosnetwork.com/blog. 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.”

EOS Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView