EOS (EOS) Self Reported Market Capitalization Achieves $974.85 Million

EOS (EOS) traded 5% lower against the US dollar during the 1-day period ending at 9:00 AM Eastern on February 22nd. Over the last week, EOS has traded down 4% against the US dollar. One EOS coin can currently be purchased for about $0.63 or 0.00000651 BTC on major exchanges. EOS has a market capitalization of $974.85 million and $104.90 million worth of EOS was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded down 4.1% against the dollar and now trades at $0.24 or 0.00000245 BTC.
• Tezos (XTZ) traded 2.8% lower against the dollar and now trades at $0.89 or 0.00000921 BTC.
• BitTorrent-New (BTT) traded down 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded down 5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.8% lower against the dollar and now trades at $0.29 or 0.00000302 BTC.
• Terra (LUNA) traded down 5.4% against the dollar and now trades at $0.25 or 0.00000261 BTC.
• Lisk (LSK) traded 2.4% lower against the dollar and now trades at $0.77 or 0.00000792 BTC.
• Ark (ARK) traded 2.9% lower against the dollar and now trades at $0.47 or 0.00000488 BTC.
• USDX [Kava] (USDX) traded up 0.4% against the dollar and now trades at $0.66 or 0.00000679 BTC.

EOS Profile

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,548,201,213 coins. The official message board for EOS is eosnetwork.com/blog. EOS’s official website is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible 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 presently 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 Changelly, Coinbase or GDAX. 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