EOS Achieves Self Reported Market Cap of $256.75 Million (EOS)

EOS (EOS) traded 3.9% higher against the dollar during the 24-hour period ending at 11:00 AM Eastern on December 19th. One EOS coin can currently be bought for $0.16 or 0.00000181 BTC on cryptocurrency exchanges. EOS has a total market capitalization of $256.75 million and approximately $1.19 thousand worth of EOS was traded on exchanges in the last 24 hours. In the last seven days, EOS has traded 8.6% lower against the dollar.

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

• TRON (TRX) traded 1% lower against the dollar and now trades at $0.28 or 0.00000316 BTC.
• Tezos (XTZ) traded 1.6% lower against the dollar and now trades at $0.44 or 0.00000498 BTC.
• BitTorrent-New (BTT) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded 3.9% lower against the dollar and now trades at $0.11 or 0.00000124 BTC.
• aelf (ELF) traded 1.6% lower against the dollar and now trades at $0.0866 or 0.00000098 BTC.
• Ark (ARK) traded 0.2% higher against the dollar and now trades at $0.25 or 0.00000287 BTC.
• Lisk (LSK) traded 1.2% lower against the dollar and now trades at $0.19 or 0.00000213 BTC.

EOS Profile

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

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 presently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to acquire EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView