EOS Price Reaches $0.16 on Exchanges (EOS)

EOS (EOS) traded 0.9% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on December 27th. EOS has a market cap of $252.19 million and $321.58 thousand worth of EOS was traded on exchanges in the last day. In the last week, EOS has traded down 2.7% against the U.S. dollar. One EOS coin can currently be bought for approximately $0.16 or 0.00000180 BTC on major cryptocurrency exchanges.

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

• TRON (TRX) traded up 0.4% against the dollar and now trades at $0.28 or 0.00000320 BTC.
• Tezos (XTZ) traded 3.2% higher against the dollar and now trades at $0.48 or 0.00000544 BTC.
• BitTorrent-New (BTT) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded up 0.9% against the dollar and now trades at $0.10 or 0.00000120 BTC.
• aelf (ELF) traded 0.8% lower against the dollar and now trades at $0.0835 or 0.00000096 BTC.
• Ark (ARK) traded 0.6% higher against the dollar and now trades at $0.25 or 0.00000290 BTC.
• Lisk (LSK) traded down 0.1% against the dollar and now trades at $0.20 or 0.00000233 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,604,275,453 coins. The official message board for EOS is eosnetwork.com/blog. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @vaulta_ and its Facebook page is accessible here.

According to CryptoCompare, “EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.Blockexplorer: https://eospark.com/In the case of EOS, circulating supply and total supply are available but max supply is not available, which indicates that EOS supply is infinite. The current cap is 1 billion tokens, there will be an inflation of up to 5% per annum to reward the block producers and they may use these to sell or to invest back into EOS dapps.Blockchain data provided by: Blockchair (main source), Bloks.io (backup)”

Buying and Selling EOS

It is usually not possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView