EOS Price Hits $0.47 (EOS)

EOS (EOS) traded up 1.8% against the dollar during the 1-day period ending at 14:00 PM E.T. on October 24th. One EOS coin can currently be purchased for $0.47 or 0.00000695 BTC on major exchanges. During the last week, EOS has traded down 0.6% against the dollar. EOS has a market cap of $716.82 million and approximately $61.55 million worth of EOS was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 3.4% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• BitTorrent-New (BTT) traded up 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 3.2% higher against the dollar and now trades at $0.67 or 0.00000989 BTC.
• Terra Classic (LUNC) traded up 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.5% higher against the dollar and now trades at $0.37 or 0.00000541 BTC.
• Terra (LUNA) traded 2.6% higher against the dollar and now trades at $0.36 or 0.00000537 BTC.
• Lisk (LSK) traded up 2.3% against the dollar and now trades at $0.81 or 0.00001203 BTC.
• Ark (ARK) traded 2.3% higher against the dollar and now trades at $0.54 or 0.00000799 BTC.
• USDX [Kava] (USDX) traded 6.7% higher against the dollar and now trades at $0.64 or 0.00000949 BTC.

About EOS

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,522,972,738 coins. The official website for EOS is eosnetwork.com. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. 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.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

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

EOS/USD price chart by TradingView