EOS 1-Day Trading Volume Tops $42.97 Million (EOS)

by · The Markets Daily

EOS (EOS) traded up 2.5% against the US dollar during the 24-hour period ending at 23:00 PM E.T. on October 11th. During the last seven days, EOS has traded 0% lower against the US dollar. EOS has a total market capitalization of $999.21 million and $42.97 million worth of EOS was traded on exchanges in the last day. One EOS coin can now be purchased for approximately $0.48 or 0.00000761 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

  • TRON (TRX) traded up 0.7% against the dollar and now trades at $0.16 or 0.00000254 BTC.
  • BitTorrent-New (BTT) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Tezos (XTZ) traded 5.1% higher against the dollar and now trades at $0.69 or 0.00001102 BTC.
  • Terra Classic (LUNC) traded up 3.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 3.4% higher against the dollar and now trades at $0.38 or 0.00000604 BTC.
  • Terra (LUNA) traded 2.6% higher against the dollar and now trades at $0.36 or 0.00000579 BTC.
  • Lisk (LSK) traded up 3.4% against the dollar and now trades at $0.83 or 0.00001332 BTC.
  • Ark (ARK) traded 5% higher against the dollar and now trades at $0.49 or 0.00000779 BTC.
  • USDX [Kava] (USDX) traded 3.7% lower against the dollar and now trades at $0.66 or 0.00001054 BTC.

EOS Profile

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. The official message board for EOS is eosnetwork.com/blog. EOS’s official website is eosnetwork.com. 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.

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 buy alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini 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