Tezos Price Up 13.9% Over Last Week (XTZ)

Tezos (XTZ) traded down 2.2% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on April 27th. During the last seven days, Tezos has traded 13.9% higher against the US dollar. Tezos has a total market capitalization of $580.09 million and approximately $23.00 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be purchased for $0.56 or 0.00000593 BTC on popular cryptocurrency exchanges.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.25 or 0.00000266 BTC.
• Terra Classic (LUNC) traded 2.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 7.4% against the dollar and now trades at $0.26 or 0.00000275 BTC.
• Terra (LUNA) traded 3.4% lower against the dollar and now trades at $0.19 or 0.00000200 BTC.
• GXChain (GXC) traded 9.3% higher against the dollar and now trades at $0.31 or 0.00000326 BTC.
• Adshares (ADS) traded 0.3% lower against the dollar and now trades at $0.52 or 0.00000550 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0011 or 0.00000001 BTC.

About Tezos

Tezos uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,061,189,953 coins and its circulating supply is 1,040,996,089 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. Tezos’ official website 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)”

Buying and Selling Tezos

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