Avalanche Trading 14.7% Higher Over Last 7 Days (AVAX)

Avalanche (AVAX) traded up 3.9% against the US dollar during the 1-day period ending at 11:00 AM E.T. on September 13th. Avalanche has a market cap of $9.95 billion and $231.30 million worth of Avalanche was traded on exchanges in the last 24 hours. In the last seven days, Avalanche has traded 14.7% higher against the US dollar. One Avalanche coin can currently be bought for $24.53 or 0.00041280 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• NEAR Protocol (NEAR) traded 2.9% higher against the dollar and now trades at $4.28 or 0.00007195 BTC.
• Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $8.42 or 0.00014168 BTC.
• Cronos (CRO) traded 3.7% higher against the dollar and now trades at $0.0818 or 0.00000138 BTC.
• Hedera (HBAR) traded up 4.3% against the dollar and now trades at $0.0521 or 0.00000088 BTC.
• Cosmos (ATOM) traded 4% higher against the dollar and now trades at $4.24 or 0.00007131 BTC.
• Fetch.ai (FET) traded 2.6% lower against the dollar and now trades at $1.36 or 0.00002285 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.13 or 0.00000219 BTC.
• Akash Network (AKT) traded up 2.9% against the dollar and now trades at $2.47 or 0.00004221 BTC.
• Theta Fuel (TFUEL) traded 5.3% higher against the dollar and now trades at $0.0589 or 0.00000099 BTC.
• Kava (KAVA) traded up 2.6% against the dollar and now trades at $0.32 or 0.00000534 BTC.

Avalanche Profile

AVAX uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 445,377,850 coins and its circulating supply is 405,374,750 coins. Avalanche’s official message board is medium.com/avalancheavax. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official website 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 presently possible to purchase alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to trade Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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