Tezos (XTZ) Achieves Market Capitalization of $544.29 Million

Tezos (XTZ) traded 0.6% higher against the US dollar during the twenty-four hour period ending at 10:00 AM ET on December 31st. One Tezos coin can now be bought for about $0.51 or 0.00000578 BTC on cryptocurrency exchanges. Over the last week, Tezos has traded up 17.6% against the US dollar. Tezos has a market capitalization of $544.29 million and $41.96 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1% lower against the dollar and now trades at $0.28 or 0.00000321 BTC.
• Terra Classic (LUNC) traded up 17.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded up 12.6% against the dollar and now trades at $0.10 or 0.00000116 BTC.
• aelf (ELF) traded 0.5% lower against the dollar and now trades at $0.0864 or 0.00000098 BTC.
• GXChain (GXC) traded 4.6% higher against the dollar and now trades at $0.41 or 0.00000470 BTC.
• Adshares (ADS) traded 0.2% lower against the dollar and now trades at $0.72 or 0.00000813 BTC.
• BitShares (BTS) traded up 1.7% against the dollar and now trades at $0.0012 or 0.00000001 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,090,626,207 coins and its circulating supply is 1,070,565,882 coins. The official message board for Tezos is forum.tezosagora.org. 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. Tezos’ official website 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)”

Tezos Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView