EOS Trading Down 6.7% Over Last 7 Days (EOS)

EOS (EOS) traded 2.7% lower against the US dollar during the 1 day period ending at 10:00 AM ET on November 1st. EOS has a market cap of $669.23 million and $57.08 million worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can currently be purchased for about $0.44 or 0.00000623 BTC on major cryptocurrency exchanges. During the last seven days, EOS has traded down 6.7% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.3% lower against the dollar and now trades at $0.17 or 0.00000238 BTC.
• BitTorrent-New (BTT) traded 2.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.9% lower against the dollar and now trades at $0.63 or 0.00000897 BTC.
• Terra Classic (LUNC) traded 6.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.7% against the dollar and now trades at $0.36 or 0.00000505 BTC.
• Terra (LUNA) traded down 3.5% against the dollar and now trades at $0.34 or 0.00000481 BTC.
• Lisk (LSK) traded down 1.1% against the dollar and now trades at $0.78 or 0.00001107 BTC.
• Ark (ARK) traded down 4.4% against the dollar and now trades at $0.49 or 0.00000692 BTC.
• USDX [Kava] (USDX) traded 0.5% lower against the dollar and now trades at $0.56 or 0.00000800 BTC.

EOS Coin Profile

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 1,524,607,572 coins. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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 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 possible to buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView