Tezos (XTZ) Market Capitalization Reaches $505.97 Million

Tezos (XTZ) traded 2.9% lower against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on December 15th. During the last week, Tezos has traded down 2% against the US dollar. One Tezos coin can now be bought for about $0.47 or 0.00000541 BTC on popular exchanges. Tezos has a total market capitalization of $505.97 million and $18.22 million worth of Tezos was traded on exchanges in the last day.

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

• TRON (TRX) traded up 2% against the dollar and now trades at $0.28 or 0.00000321 BTC.
• Terra Classic (LUNC) traded 6.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra (LUNA) traded 10.5% lower against the dollar and now trades at $0.15 or 0.00000170 BTC.
• aelf (ELF) traded 0.6% lower against the dollar and now trades at $0.0854 or 0.00000097 BTC.
• Adshares (ADS) traded down 1% against the dollar and now trades at $0.73 or 0.00000838 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.36 or 0.00000406 BTC.
• BitShares (BTS) traded down 0.7% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

About Tezos

XTZ uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,088,861,239 coins and its circulating supply is 1,068,800,225 coins. Tezos’ official message board is forum.tezosagora.org. The official website for Tezos is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. 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 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)”

Tezos Coin Trading

It is usually not presently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView