EOS (EOS) One Day Trading Volume Reaches $101.22 Million

EOS (EOS) traded 1.6% higher against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on May 6th. One EOS coin can now be purchased for approximately $0.83 or 0.00001297 BTC on major cryptocurrency exchanges. During the last seven days, EOS has traded 4.2% higher against the dollar. EOS has a total market capitalization of $933.30 million and $101.22 million worth of EOS was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.9% lower against the dollar and now trades at $0.12 or 0.00000186 BTC.
• BitTorrent-New (BTT) traded down 0.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 0.6% lower against the dollar and now trades at $0.95 or 0.00001493 BTC.
• Terra Classic (LUNC) traded up 5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 4.1% higher against the dollar and now trades at $0.62 or 0.00000967 BTC.
• aelf (ELF) traded down 0.5% against the dollar and now trades at $0.55 or 0.00000863 BTC.
• Lisk (LSK) traded 1.2% lower against the dollar and now trades at $1.88 or 0.00002942 BTC.
• Ark (ARK) traded up 0.3% against the dollar and now trades at $0.82 or 0.00001275 BTC.
• USDX [Kava] (USDX) traded 0.9% higher against the dollar and now trades at $0.83 or 0.00001294 BTC.

EOS Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 1,125,089,632 coins and its circulating supply is 1,125,105,088 coins. EOS’s official message board 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.”

Buying and Selling EOS

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

EOS/USD price chart by TradingView