Tezos 24-Hour Trading Volume Tops $23.22 Million (XTZ)

by · The Markets Daily

Tezos (XTZ) traded down 1.9% against the US dollar during the one day period ending at 10:00 AM E.T. on January 8th. Tezos has a market capitalization of $599.13 million and approximately $23.22 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be purchased for about $0.56 or 0.00000624 BTC on popular cryptocurrency exchanges. In the last week, Tezos has traded up 12.4% against the US dollar.

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

  • TRON (TRX) traded 0% higher against the dollar and now trades at $0.30 or 0.00000330 BTC.
  • Terra Classic (LUNC) traded down 3.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • aelf (ELF) traded 27.2% higher against the dollar and now trades at $0.13 or 0.00000141 BTC.
  • Terra (LUNA) traded down 2% against the dollar and now trades at $0.0900 or 0.00000100 BTC.
  • GXChain (GXC) traded down 3.1% against the dollar and now trades at $0.50 or 0.00000559 BTC.
  • Adshares (ADS) traded 1.9% lower against the dollar and now trades at $0.72 or 0.00000806 BTC.
  • BitShares (BTS) traded 0.6% higher against the dollar and now trades at $0.0012 or 0.00000001 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,091,384,548 coins and its circulating supply is 1,071,324,223 coins. The official message board for Tezos is forum.tezosagora.org. 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. 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)”

Tezos Coin Trading

It is usually not presently 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 Gemini, GDAX or Changelly. 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