Tezos (XTZ) Price Down 16.2% This Week

Tezos (XTZ) traded down 1.6% against the dollar during the 1 day period ending at 7:00 AM Eastern on April 15th. Tezos has a market capitalization of $519.81 million and approximately $42.14 million worth of Tezos was traded on exchanges in the last day. In the last week, Tezos has traded 16.2% lower against the dollar. One Tezos coin can currently be purchased for approximately $0.50 or 0.00000585 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 3.7% against the dollar and now trades at $0.25 or 0.00000290 BTC.
• Terra Classic (LUNC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.7% against the dollar and now trades at $0.21 or 0.00000248 BTC.
• Terra (LUNA) traded down 2.4% against the dollar and now trades at $0.16 or 0.00000185 BTC.
• GXChain (GXC) traded 1.7% higher against the dollar and now trades at $0.27 or 0.00000313 BTC.
• Adshares (ADS) traded down 6.3% against the dollar and now trades at $0.50 or 0.00000580 BTC.
• BitShares (BTS) traded 2.5% higher against the dollar and now trades at $0.0009 or 0.00000001 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,059,540,071 coins and its circulating supply is 1,039,307,112 coins. Tezos’ official message board is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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.

According to CryptoCompare, “Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique that mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.Blockchain data provided by: Blockchair (main source), TzStats (backup)”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView