Tezos (XTZ) Market Capitalization Reaches $1.38 Billion

Tezos (XTZ) traded up 4.1% against the US dollar during the 1 day period ending at 22:00 PM ET on March 28th. Tezos has a market cap of $1.38 billion and approximately $39.45 million worth of Tezos was traded on exchanges in the last 24 hours. Over the last seven days, Tezos has traded up 14.7% against the US dollar. One Tezos coin can currently be bought for $1.41 or 0.00001992 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.9% higher against the dollar and now trades at $0.12 or 0.00000170 BTC.
• Terra Classic (LUNC) traded 4% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Terra (LUNA) traded 3.2% higher against the dollar and now trades at $1.13 or 0.00001590 BTC.
• aelf (ELF) traded 4.3% higher against the dollar and now trades at $0.66 or 0.00000934 BTC.
• GXChain (GXC) traded down 1.3% against the dollar and now trades at $0.50 or 0.00000703 BTC.
• Adshares (ADS) traded 5% higher against the dollar and now trades at $0.51 or 0.00000722 BTC.
• BitShares (BTS) traded up 0.7% against the dollar and now trades at $0.0041 or 0.00000006 BTC.

Tezos Coin Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 996,762,955 coins and its circulating supply is 976,124,196 coins. Tezos’ official message board is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official website is www.tezos.com. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here.

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 buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView