Tezos (XTZ) Trading 12.6% Lower This Week

Tezos (XTZ) traded 2.7% lower against the US dollar during the 1-day period ending at 10:00 AM E.T. on January 25th. Tezos has a market cap of $1.19 billion and $26.57 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can now be purchased for $1.16 or 0.00001112 BTC on popular exchanges. In the last seven days, Tezos has traded down 12.6% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 2.1% against the dollar and now trades at $0.25 or 0.00000244 BTC.
• Terra Classic (LUNC) traded down 2.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.7% lower against the dollar and now trades at $0.38 or 0.00000364 BTC.
• Terra (LUNA) traded 3.5% lower against the dollar and now trades at $0.34 or 0.00000326 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00000314 BTC.
• Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.63 or 0.00000603 BTC.
• BitShares (BTS) traded 0.8% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Tezos Profile

Tezos (CRYPTO:XTZ) uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,046,930,193 coins and its circulating supply is 1,026,605,602 coins. Tezos’ official website is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos 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.

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 buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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