EOS (EOS) Trading Up 3.7% Over Last 7 Days

by · The Markets Daily

EOS (EOS) traded 1.4% lower against the US dollar during the one day period ending at 22:00 PM ET on October 17th. EOS has a market capitalization of $733.43 million and approximately $61.85 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can currently be bought for $0.48 or 0.00000710 BTC on cryptocurrency exchanges. Over the last seven days, EOS has traded 3.7% higher against the US dollar.

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

  • TRON (TRX) traded 0.5% lower against the dollar and now trades at $0.16 or 0.00000234 BTC.
  • BitTorrent-New (BTT) traded 1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Tezos (XTZ) traded 1.3% lower against the dollar and now trades at $0.69 or 0.00001010 BTC.
  • Terra Classic (LUNC) traded down 1.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded down 0.4% against the dollar and now trades at $0.38 or 0.00000562 BTC.
  • Terra (LUNA) traded down 1.6% against the dollar and now trades at $0.36 or 0.00000537 BTC.
  • Lisk (LSK) traded 1.4% lower against the dollar and now trades at $0.82 or 0.00001203 BTC.
  • Ark (ARK) traded 3.2% lower against the dollar and now trades at $0.60 or 0.00000881 BTC.
  • USDX [Kava] (USDX) traded 7.1% higher against the dollar and now trades at $0.68 or 0.00001007 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,521,593,021 coins. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official website is eosnetwork.com.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

It is usually not currently possible to purchase alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to acquire EOS should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView