Tezos (XTZ) Trading Down 6.4% This Week

Tezos (XTZ) traded up 0.8% against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on April 19th. Tezos has a total market capitalization of $522.11 million and $16.70 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for approximately $0.50 or 0.00000589 BTC on exchanges. During the last week, Tezos has traded 6.4% lower against the U.S. dollar.

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

• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.24 or 0.00000284 BTC.
• Terra Classic (LUNC) traded 0.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.1% against the dollar and now trades at $0.22 or 0.00000264 BTC.
• Terra (LUNA) traded up 0.8% against the dollar and now trades at $0.16 or 0.00000189 BTC.
• Adshares (ADS) traded down 0.3% against the dollar and now trades at $0.52 or 0.00000614 BTC.
• GXChain (GXC) traded down 1.1% against the dollar and now trades at $0.26 or 0.00000307 BTC.
• BitShares (BTS) traded up 0.2% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

Tezos Profile

Tezos uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,060,024,915 coins and its circulating supply is 1,039,791,956 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org. The official website for Tezos is www.tezos.com.

According to CryptoCompare, “Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique that mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.Blockchain data provided by: Blockchair (main source), TzStats (backup)”

Buying and Selling Tezos

It is usually not currently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView