EOS Price Down 2.7% This Week (EOS)

EOS (EOS) traded up 1.2% against the US dollar during the 1 day period ending at 0:00 AM E.T. on October 29th. Over the last seven days, EOS has traded down 2.7% against the US dollar. One EOS coin can currently be purchased for about $0.47 or 0.00000647 BTC on popular exchanges. EOS has a total market cap of $712.66 million and $64.08 million worth of EOS was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.17 or 0.00000231 BTC.
• BitTorrent-New (BTT) traded up 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.3% higher against the dollar and now trades at $0.68 or 0.00000937 BTC.
• Terra Classic (LUNC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.36 or 0.00000502 BTC.
• Terra (LUNA) traded up 2.4% against the dollar and now trades at $0.35 or 0.00000491 BTC.
• Lisk (LSK) traded up 1.7% against the dollar and now trades at $0.81 or 0.00001127 BTC.
• Ark (ARK) traded 0.1% higher against the dollar and now trades at $0.52 or 0.00000717 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.56 or 0.00000775 BTC.

About EOS

EOS (CRYPTO: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 and its circulating supply is 1,524,115,529 coins. EOS’s official website 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 currently 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 GDAX, Changelly or Coinbase. 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