EOS Price Tops $0.16 on Exchanges (EOS)

EOS (EOS) traded down 1.3% against the US dollar during the twenty-four hour period ending at 7:00 AM E.T. on December 23rd. EOS has a total market cap of $260.91 million and $147.29 thousand worth of EOS was traded on exchanges in the last 24 hours. Over the last week, EOS has traded down 0.8% against the US dollar. One EOS coin can now be bought for about $0.16 or 0.00000185 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 0.6% lower against the dollar and now trades at $0.28 or 0.00000323 BTC.
• Tezos (XTZ) traded 2.7% lower against the dollar and now trades at $0.44 or 0.00000500 BTC.
• BitTorrent-New (BTT) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded down 4.7% against the dollar and now trades at $0.11 or 0.00000123 BTC.
• aelf (ELF) traded 3.5% lower against the dollar and now trades at $0.0837 or 0.00000095 BTC.
• Ark (ARK) traded 1% lower against the dollar and now trades at $0.26 or 0.00000291 BTC.
• Lisk (LSK) traded up 6.1% against the dollar and now trades at $0.21 or 0.00000235 BTC.

EOS Coin Profile

EOS (CRYPTO:EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,604,275,453 coins. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official message board is eosnetwork.com/blog. The official website for EOS is eosnetwork.com. 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)”

Buying and Selling EOS

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView