Tezos (XTZ) Reaches 24-Hour Volume of $23.19 Million

Tezos (XTZ) traded 1.6% lower against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on November 29th. Over the last week, Tezos has traded up 1.8% against the US dollar. One Tezos coin can currently be purchased for approximately $0.50 or 0.00000550 BTC on exchanges. Tezos has a total market cap of $532.78 million and $23.19 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded 0.5% higher against the dollar and now trades at $0.28 or 0.00000310 BTC.
• Terra Classic (LUNC) traded down 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 19.3% against the dollar and now trades at $0.10 or 0.00000113 BTC.
• Terra (LUNA) traded down 1.1% against the dollar and now trades at $0.0740 or 0.00000082 BTC.
• Adshares (ADS) traded 1.5% lower against the dollar and now trades at $0.77 or 0.00000844 BTC.
• GXChain (GXC) traded up 0.2% against the dollar and now trades at $0.36 or 0.00000401 BTC.
• BitShares (BTS) traded 0.3% lower against the dollar and now trades at $0.0010 or 0.00000001 BTC.

About Tezos

Tezos uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,087,059,430 coins and its circulating supply is 1,066,998,416 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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. Tezos’ official message board is forum.tezosagora.org.

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 U.S. dollars. Investors seeking to trade Tezos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView