Tezos (XTZ) Market Capitalization Tops $982.25 Million

Tezos (XTZ) traded down 4.2% against the U.S. dollar during the 1-day period ending at 12:00 PM ET on January 25th. Over the last week, Tezos has traded 8.4% higher against the U.S. dollar. Tezos has a market cap of $982.25 million and $25.68 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for $1.06 or 0.00004695 BTC on major exchanges.

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

• Belrium (BEL) traded 0.2% higher against the dollar and now trades at $4.85 or 0.00021446 BTC.
• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.0608 or 0.00000269 BTC.
• Terra Classic (LUNC) traded 4.3% lower against the dollar and now trades at $0.0002 or 0.00000001 BTC.
• Terra (LUNA) traded down 6.5% against the dollar and now trades at $2.09 or 0.00009222 BTC.
• aelf (ELF) traded down 1.8% against the dollar and now trades at $0.18 or 0.00000794 BTC.
• Adshares (ADS) traded 4.8% lower against the dollar and now trades at $1.20 or 0.00005322 BTC.
• GXChain (GXC) traded up 0.8% against the dollar and now trades at $0.45 or 0.00002004 BTC.
• BitShares (BTS) traded down 9.4% against the dollar and now trades at $0.0100 or 0.00000044 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 946,030,119 coins and its circulating supply is 924,612,471 coins. 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. 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 presently possible to purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.