EOS Price Tops $0.60 (EOS)

EOS (EOS) traded down 3.7% against the dollar during the twenty-four hour period ending at 11:00 AM ET on April 15th. One EOS coin can now be bought for approximately $0.60 or 0.00000703 BTC on popular cryptocurrency exchanges. In the last week, EOS has traded 15.8% lower against the dollar. EOS has a market capitalization of $934.30 million and $171.05 million worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded down 3% against the dollar and now trades at $0.25 or 0.00000291 BTC.
• BitTorrent-New (BTT) traded 2.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 1.5% lower against the dollar and now trades at $0.50 or 0.00000583 BTC.
• Terra Classic (LUNC) traded 1.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.2% lower against the dollar and now trades at $0.21 or 0.00000249 BTC.
• Terra (LUNA) traded down 2.4% against the dollar and now trades at $0.16 or 0.00000185 BTC.
• Ark (ARK) traded up 18.1% against the dollar and now trades at $0.47 or 0.00000546 BTC.
• Lisk (LSK) traded 0.4% lower against the dollar and now trades at $0.48 or 0.00000559 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.66 or 0.00000806 BTC.

About EOS

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,559,042,339 coins. EOS’s official Twitter account is @vaulta_ and its Facebook page is accessible here. The official message board for EOS 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. EOS’s official website is eosnetwork.com.

According to CryptoCompare, “EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.Blockexplorer: https://eospark.com/In the case of EOS, circulating supply and total supply are available but max supply is not available, which indicates that EOS supply is infinite. The current cap is 1 billion tokens, there will be an inflation of up to 5% per annum to reward the block producers and they may use these to sell or to invest back into EOS dapps.Blockchain data provided by: Blockchair (main source), Bloks.io (backup)”

Buying and Selling EOS

It is usually not possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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