Tezos Price Hits $0.60 (XTZ)

Tezos (XTZ) traded up 3% against the dollar during the 24-hour period ending at 10:00 AM E.T. on January 16th. One Tezos coin can currently be bought for approximately $0.60 or 0.00000635 BTC on popular cryptocurrency exchanges. During the last seven days, Tezos has traded up 3.8% against the dollar. Tezos has a total market cap of $646.19 million and $45.16 million worth of Tezos was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.31 or 0.00000323 BTC.
• Terra Classic (LUNC) traded 4.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded down 0.5% against the dollar and now trades at $0.10 or 0.00000106 BTC.
• Terra (LUNA) traded 0.9% lower against the dollar and now trades at $0.0882 or 0.00000093 BTC.
• GXChain (GXC) traded 4.6% higher against the dollar and now trades at $0.50 or 0.00000529 BTC.
• Adshares (ADS) traded 0.5% lower against the dollar and now trades at $0.75 or 0.00000794 BTC.
• BitShares (BTS) traded down 0.2% against the dollar and now trades at $0.0012 or 0.00000001 BTC.

About Tezos

Tezos (CRYPTO:XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,092,271,240 coins and its circulating supply is 1,072,210,915 coins. Tezos’ official website is www.tezos.com. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org.

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 possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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