EOS (EOS) 24-Hour Volume Tops $50.65 Million

EOS (EOS) traded down 4.1% against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on October 31st. EOS has a total market cap of $675.64 million and approximately $50.65 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for approximately $0.44 or 0.00000627 BTC on popular exchanges. Over the last week, EOS has traded down 5.8% against the U.S. dollar.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.17 or 0.00000238 BTC.
• BitTorrent-New (BTT) traded down 2.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 4.7% lower against the dollar and now trades at $0.63 or 0.00000898 BTC.
• Terra Classic (LUNC) traded 0.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.7% lower against the dollar and now trades at $0.35 or 0.00000495 BTC.
• Terra (LUNA) traded 2.3% lower against the dollar and now trades at $0.34 or 0.00000481 BTC.
• Lisk (LSK) traded down 4.8% against the dollar and now trades at $0.77 or 0.00001091 BTC.
• Ark (ARK) traded down 2.3% against the dollar and now trades at $0.50 or 0.00000704 BTC.
• USDX [Kava] (USDX) traded 0.7% higher against the dollar and now trades at $0.57 or 0.00000805 BTC.

About EOS

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,524,433,601 coins. 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. EOS’s official website is eosnetwork.com.

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 trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView