EOS (EOS) Price Hits $0.56

EOS (EOS) traded up 1.6% against the US dollar during the 1 day period ending at 9:00 AM Eastern on February 26th. EOS has a total market cap of $863.66 million and $106.00 million worth of EOS was traded on exchanges in the last 24 hours. During the last seven days, EOS has traded 10.1% lower against the US dollar. One EOS coin can currently be purchased for approximately $0.56 or 0.00000640 BTC on popular exchanges.

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

• TRON (TRX) traded 0.9% lower against the dollar and now trades at $0.23 or 0.00000262 BTC.
• Tezos (XTZ) traded down 1% against the dollar and now trades at $0.77 or 0.00000879 BTC.
• BitTorrent-New (BTT) traded 0.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded 1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.4% against the dollar and now trades at $0.26 or 0.00000301 BTC.
• Terra (LUNA) traded 1.8% higher against the dollar and now trades at $0.22 or 0.00000258 BTC.
• Lisk (LSK) traded up 1.5% against the dollar and now trades at $0.67 or 0.00000768 BTC.
• Ark (ARK) traded down 4% against the dollar and now trades at $0.41 or 0.00000474 BTC.
• USDX [Kava] (USDX) traded 0% lower against the dollar and now trades at $0.66 or 0.00000761 BTC.

About EOS

EOS (CRYPTO:EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,549,027,407 coins. 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. The official message board for EOS is eosnetwork.com/blog. EOS’s official website is eosnetwork.com.

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 presently possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to acquire EOS should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView