EOS Price Hits $0.87 on Exchanges (EOS)

EOS (EOS) traded up 10.9% against the dollar during the one day period ending at 10:00 AM Eastern on December 24th. One EOS coin can now be purchased for about $0.87 or 0.00000894 BTC on major exchanges. EOS has a total market cap of $1.34 billion and $202.43 million worth of EOS was traded on exchanges in the last 24 hours. During the last seven days, EOS has traded 17.3% lower against the dollar.

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

• TRON (TRX) traded 3.5% higher against the dollar and now trades at $0.26 or 0.00000263 BTC.
• Tezos (XTZ) traded up 13.8% against the dollar and now trades at $1.45 or 0.00001493 BTC.
• BitTorrent-New (BTT) traded 4.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 7.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4.3% against the dollar and now trades at $0.49 or 0.00000501 BTC.
• Terra (LUNA) traded 10.7% higher against the dollar and now trades at $0.45 or 0.00000462 BTC.
• Lisk (LSK) traded 8.4% higher against the dollar and now trades at $0.99 or 0.00001014 BTC.
• Ark (ARK) traded 7.3% higher against the dollar and now trades at $0.56 or 0.00000577 BTC.
• USDX [Kava] (USDX) traded down 11.4% against the dollar and now trades at $0.67 or 0.00000684 BTC.

EOS Coin Profile

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 1,535,676,504 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. The official website for EOS 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 U.S. dollars. Investors seeking to trade EOS should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView