Tezos (XTZ) Trading 12.4% Lower This Week

Tezos (XTZ) traded 3.9% lower against the US dollar during the 24 hour period ending at 10:00 AM E.T. on January 29th. Tezos has a market cap of $1.08 billion and approximately $29.63 million worth of Tezos was traded on exchanges in the last day. Over the last week, Tezos has traded down 12.4% against the US dollar. One Tezos coin can now be bought for approximately $1.05 or 0.00001030 BTC on major cryptocurrency exchanges.

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

• TRON (TRX) traded 3.3% lower against the dollar and now trades at $0.24 or 0.00000234 BTC.
• Terra Classic (LUNC) traded 3.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.1% lower against the dollar and now trades at $0.34 or 0.00000335 BTC.
• Terra (LUNA) traded down 4.3% against the dollar and now trades at $0.31 or 0.00000301 BTC.
• Adshares (ADS) traded 2.2% lower against the dollar and now trades at $0.62 or 0.00000613 BTC.
• GXChain (GXC) traded 4.7% lower against the dollar and now trades at $0.31 or 0.00000303 BTC.
• BitShares (BTS) traded down 4.3% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,047,849,570 coins and its circulating supply is 1,027,528,297 coins. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. Tezos’ official message board is forum.tezosagora.org. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here.

According to CryptoCompare, “Tezos is an open-source platform for assets and applications that can evolve and upgrade itself without having to split the network. It uses a proof-of-stake consensus mechanism and allows for formal verification to increase security. Users can participate in the consensus process by “baking”, or they can delegate their rights to other users. Arthur Breitman and Kathleen Breitman are the two main creators of Tezos, and a group of developers and researchers have joined them to create the platform.”

Tezos Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView