Tezos (XTZ) Market Cap Hits $927.59 Million

Tezos (XTZ) traded 2.4% lower against the U.S. dollar during the 1-day period ending at 14:00 PM ET on May 6th. Tezos has a total market cap of $927.59 million and $26.60 million worth of Tezos was traded on exchanges in the last 24 hours. In the last seven days, Tezos has traded 3.3% lower against the U.S. dollar. One Tezos coin can currently be purchased for about $0.95 or 0.00001497 BTC on exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Terra Classic (LUNC) traded 2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 2% against the dollar and now trades at $0.61 or 0.00000967 BTC.
• aelf (ELF) traded down 1.5% against the dollar and now trades at $0.55 or 0.00000873 BTC.
• GXChain (GXC) traded down 2.3% against the dollar and now trades at $0.42 or 0.00000662 BTC.
• Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.41 or 0.00000645 BTC.
• BitShares (BTS) traded up 1.8% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Tezos Coin Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,001,255,865 coins and its circulating supply is 980,689,230 coins. The official website for Tezos is www.tezos.com. 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.

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 possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase 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 purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView