EOS (EOS) Price Hits $0.78 on Major Exchanges

EOS (EOS) traded 3.4% lower against the dollar during the 24 hour period ending at 9:00 AM ET on May 8th. EOS has a total market cap of $882.96 million and $96.43 million worth of EOS was traded on exchanges in the last day. During the last week, EOS has traded 4.8% higher against the dollar. One EOS coin can currently be bought for approximately $0.78 or 0.00001265 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000198 BTC.
• BitTorrent-New (BTT) traded down 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 0.9% lower against the dollar and now trades at $0.93 or 0.00001501 BTC.
• Terra Classic (LUNC) traded up 0.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 5.2% higher against the dollar and now trades at $0.64 or 0.00001030 BTC.
• aelf (ELF) traded down 2.8% against the dollar and now trades at $0.54 or 0.00000868 BTC.
• Lisk (LSK) traded 2.1% higher against the dollar and now trades at $1.94 or 0.00003127 BTC.
• Ark (ARK) traded down 2.7% against the dollar and now trades at $0.78 or 0.00001261 BTC.
• USDX [Kava] (USDX) traded up 0.5% against the dollar and now trades at $0.82 or 0.00001330 BTC.

EOS Coin Profile

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 1,125,282,887 coins and its circulating supply is 1,125,290,666 coins. The official message board for EOS is eosnetwork.com/blog. 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.

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.”

EOS Coin Trading

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

EOS/USD price chart by TradingView