Avalanche Hits 24 Hour Volume of $443.37 Million (AVAX)

Avalanche (AVAX) traded down 1.4% against the dollar during the 1 day period ending at 9:00 AM ET on March 29th. During the last seven days, Avalanche has traded down 5.4% against the dollar. Avalanche has a market capitalization of $20.16 billion and approximately $443.37 million worth of Avalanche was traded on exchanges in the last day. One Avalanche coin can now be purchased for $53.42 or 0.00075999 BTC on cryptocurrency exchanges.

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

• Internet Computer (ICP) traded 1% lower against the dollar and now trades at $17.48 or 0.00024876 BTC.
• NEAR Protocol (NEAR) traded 2.2% lower against the dollar and now trades at $7.06 or 0.00010043 BTC.
• Cosmos (ATOM) traded up 0.7% against the dollar and now trades at $12.37 or 0.00017596 BTC.
• Cronos (CRO) traded up 1.6% against the dollar and now trades at $0.16 or 0.00000221 BTC.
• Hedera (HBAR) traded up 1% against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $3.19 or 0.00004542 BTC.
• Algorand (ALGO) traded up 1.7% against the dollar and now trades at $0.28 or 0.00000391 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $5.34 or 0.00007616 BTC.
• Kava (KAVA) traded 4.1% higher against the dollar and now trades at $1.03 or 0.00001461 BTC.
• Theta Fuel (TFUEL) traded down 1.4% against the dollar and now trades at $0.0838 or 0.00000119 BTC.

Avalanche Coin Profile

AVAX 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. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The official message board for Avalanche is medium.com/avalancheavax. Avalanche’s official website is avax.network. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed 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 US dollars. Investors seeking to trade Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView