EOS 24 Hour Volume Reaches $60.26 Million (EOS)

EOS (EOS) traded 5.7% lower against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on August 11th. EOS has a market cap of $972.15 million and $60.26 million worth of EOS was traded on exchanges in the last day. One EOS coin can now be bought for about $0.46 or 0.00000788 BTC on cryptocurrency exchanges. Over the last week, EOS has traded 3.8% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded down 1% against the dollar and now trades at $0.13 or 0.00000218 BTC.
• BitTorrent-New (BTT) traded 3.2% 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 $0.65 or 0.00001112 BTC.
• Terra Classic (LUNC) traded 8.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 3.4% against the dollar and now trades at $0.41 or 0.00000703 BTC.
• Terra (LUNA) traded 10.4% lower against the dollar and now trades at $0.32 or 0.00000544 BTC.
• Lisk (LSK) traded 7.8% lower against the dollar and now trades at $0.90 or 0.00001534 BTC.
• USDX [Kava] (USDX) traded 0.2% higher against the dollar and now trades at $0.79 or 0.00001352 BTC.
• Ark (ARK) traded 11.5% lower against the dollar and now trades at $0.32 or 0.00000540 BTC.

EOS Coin Profile

EOS (CRYPTO: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 Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official website is eosnetwork.com. EOS’s official message board is eosnetwork.com/blog. 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.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 possible to buy alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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