EOS Price Down 13.5% Over Last 7 Days (EOS)

EOS (EOS) traded 3.6% lower against the U.S. dollar during the 24 hour period ending at 17:00 PM ET on June 8th. One EOS coin can currently be purchased for about $0.70 or 0.00001007 BTC on major cryptocurrency exchanges. Over the last week, EOS has traded down 13.5% against the U.S. dollar. EOS has a market capitalization of $1.47 billion and approximately $152.82 million worth of EOS was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 2% higher against the dollar and now trades at $0.11 or 0.00000166 BTC.
• BitTorrent-New (BTT) traded 2.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 5.3% against the dollar and now trades at $0.83 or 0.00001192 BTC.
• Terra Classic (LUNC) traded 3.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 2.3% lower against the dollar and now trades at $0.56 or 0.00000805 BTC.
• aelf (ELF) traded down 1.7% against the dollar and now trades at $0.46 or 0.00000660 BTC.
• Lisk (LSK) traded down 5.9% against the dollar and now trades at $1.30 or 0.00001877 BTC.
• Ark (ARK) traded down 2.3% against the dollar and now trades at $0.77 or 0.00001108 BTC.
• USDX [Kava] (USDX) traded up 1.1% against the dollar and now trades at $0.83 or 0.00001192 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 1,127,540,931 coins and its circulating supply is 2,099,997,999 coins. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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.

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 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 Gemini, Changelly or GDAX. 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