EOS (EOS) Trading 12.4% Lower Over Last 7 Days

EOS (EOS) traded 0.2% lower against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on August 30th. One EOS coin can now be bought for about $0.49 or 0.00000822 BTC on cryptocurrency exchanges. In the last seven days, EOS has traded 12.4% lower against the U.S. dollar. EOS has a total market capitalization of $1.02 billion and approximately $73.10 million worth of EOS was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• TRON (TRX) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000270 BTC.
• BitTorrent-New (BTT) traded 1.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 0.3% higher against the dollar and now trades at $0.67 or 0.00001138 BTC.
• Terra Classic (LUNC) traded down 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.6% lower against the dollar and now trades at $0.38 or 0.00000645 BTC.
• Terra (LUNA) traded down 0.1% against the dollar and now trades at $0.35 or 0.00000598 BTC.
• Lisk (LSK) traded up 0% against the dollar and now trades at $0.78 or 0.00001324 BTC.
• USDX [Kava] (USDX) traded 0.2% lower against the dollar and now trades at $0.78 or 0.00001320 BTC.
• Ark (ARK) traded down 0% against the dollar and now trades at $0.31 or 0.00000517 BTC.

EOS Profile

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

EOS/USD price chart by TradingView