Avalanche (AVAX) Price Down 0.7% Over Last 7 Days

Avalanche (AVAX) traded 1.1% lower against the dollar during the one day period ending at 7:00 AM E.T. on March 28th. During the last seven days, Avalanche has traded 0.7% lower against the dollar. Avalanche has a market capitalization of $20.57 billion and $787.20 million worth of Avalanche was traded on exchanges in the last day. One Avalanche coin can currently be purchased for about $54.50 or 0.00076952 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Internet Computer (ICP) traded 7.8% lower against the dollar and now trades at $17.84 or 0.00025189 BTC.
• NEAR Protocol (NEAR) traded down 5.5% against the dollar and now trades at $7.35 or 0.00010371 BTC.
• Cosmos (ATOM) traded up 2.7% against the dollar and now trades at $12.43 or 0.00017542 BTC.
• Cronos (CRO) traded up 3.9% against the dollar and now trades at $0.15 or 0.00000215 BTC.
• Hedera (HBAR) traded down 0.6% against the dollar and now trades at $0.11 or 0.00000162 BTC.
• Fetch.ai (FET) traded 4.3% higher against the dollar and now trades at $3.37 or 0.00004753 BTC.
• Algorand (ALGO) traded 4.8% lower against the dollar and now trades at $0.27 or 0.00000384 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $5.32 or 0.00007513 BTC.
• Kava (KAVA) traded down 0.8% against the dollar and now trades at $1.00 or 0.00001406 BTC.
• Theta Fuel (TFUEL) traded 1.9% lower against the dollar and now trades at $0.0853 or 0.00000120 BTC.

Avalanche Coin Profile

Avalanche uses the hashing algorithm. Its launch date was September 21st, 2020. Avalanche’s total supply is 436,106,176 coins and its circulating supply is 377,416,536 coins. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official message board is medium.com/avalancheavax. The official website for Avalanche is avax.network. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here.

According to CryptoCompare, “Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it’s a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum’s development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.”

Avalanche Coin Trading

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

AVAX/USD price chart by TradingView