Tezos (XTZ) Hits Market Capitalization of $701.48 Million

Tezos (XTZ) traded 7.9% lower against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on July 4th. In the last seven days, Tezos has traded 8.7% lower against the U.S. dollar. One Tezos coin can currently be bought for $0.71 or 0.00001223 BTC on major exchanges. Tezos has a total market capitalization of $701.48 million and approximately $24.23 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded down 1.6% against the dollar and now trades at $0.13 or 0.00000218 BTC.
• Terra Classic (LUNC) traded 7.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 6.6% lower against the dollar and now trades at $0.37 or 0.00000641 BTC.
• aelf (ELF) traded 6.6% lower against the dollar and now trades at $0.33 or 0.00000561 BTC.
• GXChain (GXC) traded 1.5% higher against the dollar and now trades at $0.36 or 0.00000620 BTC.
• Adshares (ADS) traded down 4.8% against the dollar and now trades at $0.37 or 0.00000629 BTC.
• BitShares (BTS) traded down 6.8% against the dollar and now trades at $0.0021 or 0.00000004 BTC.

Tezos Profile

Tezos (XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,008,507,241 coins and its circulating supply is 987,945,291 coins. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. The official message board for Tezos is forum.tezosagora.org.

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

XTZ/USD price chart by TradingView