Tezos Achieves Market Capitalization of $1.21 Billion (XTZ)

Tezos (XTZ) traded down 6.4% against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on April 2nd. Tezos has a market cap of $1.21 billion and $40.29 million worth of Tezos was traded on exchanges in the last day. During the last week, Tezos has traded 10.4% lower against the U.S. dollar. One Tezos coin can now be bought for about $1.24 or 0.00001891 BTC on major cryptocurrency exchanges.

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

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded down 2.7% against the dollar and now trades at $0.12 or 0.00000178 BTC.
  • Terra Classic (LUNC) traded down 6.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Terra (LUNA) traded down 9.1% against the dollar and now trades at $0.95 or 0.00001445 BTC.
  • aelf (ELF) traded down 5.6% against the dollar and now trades at $0.58 or 0.00000884 BTC.
  • GXChain (GXC) traded down 4.7% against the dollar and now trades at $0.48 or 0.00000726 BTC.
  • Adshares (ADS) traded down 0.5% against the dollar and now trades at $0.47 or 0.00000708 BTC.
  • BitShares (BTS) traded up 0% against the dollar and now trades at $0.0039 or 0.00000006 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 997,403,239 coins and its circulating supply is 976,764,480 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos is www.tezos.com. The official message board for Tezos is forum.tezosagora.org.

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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

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