Tezos (XTZ) 24-Hour Volume Hits $26.62 Million

Tezos (XTZ) traded down 2.1% against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on May 7th. One Tezos coin can currently be purchased for about $0.92 or 0.00001474 BTC on popular exchanges. Over the last seven days, Tezos has traded 2.4% higher against the US dollar. Tezos has a market cap of $905.69 million and approximately $26.62 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Terra Classic (LUNC) traded down 3.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 2.7% against the dollar and now trades at $0.59 or 0.00000944 BTC.
• aelf (ELF) traded down 1.2% against the dollar and now trades at $0.54 or 0.00000869 BTC.
• GXChain (GXC) traded 1.8% lower against the dollar and now trades at $0.41 or 0.00000656 BTC.
• Adshares (ADS) traded 3.8% lower against the dollar and now trades at $0.40 or 0.00000644 BTC.
• BitShares (BTS) traded down 3.6% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,001,547,724 coins and its circulating supply is 980,981,088 coins. 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. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here.

According to CryptoCompare, “Tezos is an open-source platform for assets and applications that can evolve and upgrade itself without having to split the network. It uses a proof-of-stake consensus mechanism and allows for formal verification to increase security. Users can participate in the consensus process by “baking”, or they can delegate their rights to other users. Arthur Breitman and Kathleen Breitman are the two main creators of Tezos, and a group of developers and researchers have joined them to create the platform.”

Tezos Coin Trading

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

XTZ/USD price chart by TradingView