EOS (EOS) Tops 24 Hour Volume of $140.19 Million

EOS (EOS) traded down 12.9% against the U.S. dollar during the 1-day period ending at 14:00 PM Eastern on August 1st. EOS has a market cap of $1.09 billion and $140.19 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for approximately $0.52 or 0.00000828 BTC on exchanges. Over the last week, EOS has traded down 7% against the U.S. dollar.

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

• TRON (TRX) traded 2.2% lower against the dollar and now trades at $0.13 or 0.00000202 BTC.
• BitTorrent-New (BTT) traded down 5.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 7.2% lower against the dollar and now trades at $0.70 or 0.00001109 BTC.
• Terra Classic (LUNC) traded down 8.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 10.9% lower against the dollar and now trades at $0.36 or 0.00000565 BTC.
• aelf (ELF) traded down 6.7% against the dollar and now trades at $0.36 or 0.00000566 BTC.
• Lisk (LSK) traded down 8.6% against the dollar and now trades at $0.91 or 0.00001450 BTC.
• USDX [Kava] (USDX) traded up 0.4% against the dollar and now trades at $0.80 or 0.00001277 BTC.
• Ark (ARK) traded 9.6% lower against the dollar and now trades at $0.35 or 0.00000560 BTC.

About EOS

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. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here.

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.”

EOS Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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