Tezos Market Capitalization Achieves $530.04 Million (XTZ)

Tezos (XTZ) traded up 6.3% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on December 3rd. Tezos has a total market capitalization of $530.04 million and approximately $26.94 million worth of Tezos was traded on exchanges in the last day. In the last week, Tezos has traded 0.4% lower against the U.S. dollar. One Tezos coin can now be bought for about $0.50 or 0.00000534 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 0.9% higher against the dollar and now trades at $0.28 or 0.00000301 BTC.
• Terra Classic (LUNC) traded 4.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded down 5.1% against the dollar and now trades at $0.0903 or 0.00000097 BTC.
• Terra (LUNA) traded 5.8% higher against the dollar and now trades at $0.0721 or 0.00000077 BTC.
• Adshares (ADS) traded 3.3% higher against the dollar and now trades at $0.77 or 0.00000826 BTC.
• GXChain (GXC) traded up 2.6% against the dollar and now trades at $0.36 or 0.00000392 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0010 or 0.00000001 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,087,511,858 coins and its circulating supply is 1,067,450,844 coins. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView