EOS (EOS) Price Down 16.1% Over Last Week

EOS (EOS) traded 3.6% lower against the dollar during the 24-hour period ending at 7:00 AM E.T. on February 1st. EOS has a market cap of $150.23 million and $291.81 thousand worth of EOS was traded on exchanges in the last 24 hours. One EOS coin can now be purchased for $0.0936 or 0.00000119 BTC on popular cryptocurrency exchanges. Over the last seven days, EOS has traded down 16.1% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 1.9% lower against the dollar and now trades at $0.29 or 0.00000363 BTC.
• Tezos (XTZ) traded 5.3% lower against the dollar and now trades at $0.47 or 0.00000593 BTC.
• BitTorrent-New (BTT) traded down 4.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded up 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 2.5% lower against the dollar and now trades at $0.0844 or 0.00000107 BTC.
• Terra (LUNA) traded down 7.1% against the dollar and now trades at $0.0676 or 0.00000086 BTC.
• Ark (ARK) traded down 6.8% against the dollar and now trades at $0.23 or 0.00000286 BTC.
• Lisk (LSK) traded down 10.9% against the dollar and now trades at $0.15 or 0.00000186 BTC.

EOS Coin Profile

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 1,604,275,453 coins. EOS’s official website is eosnetwork.com. EOS’s official message board is eosnetwork.com/blog. EOS’s official Twitter account is @vaulta_ 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.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.Blockexplorer: https://eospark.com/In the case of EOS, circulating supply and total supply are available but max supply is not available, which indicates that EOS supply is infinite. The current cap is 1 billion tokens, there will be an inflation of up to 5% per annum to reward the block producers and they may use these to sell or to invest back into EOS dapps.Blockchain data provided by: Blockchair (main source), Bloks.io (backup)”

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 Gemini, Changelly or Coinbase. 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