EOS Hits Self Reported Market Capitalization of $258.33 Million (EOS)

EOS (EOS) traded down 1.8% against the US dollar during the one day period ending at 7:00 AM E.T. on December 31st. One EOS coin can now be purchased for $0.16 or 0.00000181 BTC on popular cryptocurrency exchanges. During the last week, EOS has traded down 0.2% against the US dollar. EOS has a total market cap of $258.33 million and $389.80 thousand worth of EOS was traded on exchanges in the last day.

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

• TRON (TRX) traded down 0.6% against the dollar and now trades at $0.28 or 0.00000319 BTC.
• Tezos (XTZ) traded up 1.4% against the dollar and now trades at $0.50 or 0.00000568 BTC.
• BitTorrent-New (BTT) traded 0.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 5.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 2.8% higher against the dollar and now trades at $0.0883 or 0.00000099 BTC.
• Terra (LUNA) traded up 2% against the dollar and now trades at $0.0920 or 0.00000104 BTC.
• Ark (ARK) traded down 1.7% against the dollar and now trades at $0.26 or 0.00000293 BTC.
• Lisk (LSK) traded down 2.4% against the dollar and now trades at $0.19 or 0.00000218 BTC.

About EOS

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,604,275,453 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 @vaulta_ and its Facebook page is accessible here.

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)”

EOS Coin Trading

It is usually not currently 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, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView