Avalanche (AVAX) Market Capitalization Achieves $11.21 Billion

Avalanche (AVAX) traded 0.2% lower against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on September 21st. In the last seven days, Avalanche has traded 11.1% higher against the U.S. dollar. Avalanche has a total market capitalization of $11.21 billion and approximately $311.31 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can now be bought for approximately $27.61 or 0.00043700 BTC on major cryptocurrency exchanges.

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

• NEAR Protocol (NEAR) traded up 2.4% against the dollar and now trades at $4.49 or 0.00007109 BTC.
• Internet Computer (ICP) traded up 1.6% against the dollar and now trades at $8.45 or 0.00013375 BTC.
• Cronos (CRO) traded up 4.5% against the dollar and now trades at $0.0875 or 0.00000138 BTC.
• Hedera (HBAR) traded 6.3% higher against the dollar and now trades at $0.0552 or 0.00000087 BTC.
• Cosmos (ATOM) traded 1.9% higher against the dollar and now trades at $4.60 or 0.00007275 BTC.
• Fetch.ai (FET) traded up 3.6% against the dollar and now trades at $1.63 or 0.00002581 BTC.
• Algorand (ALGO) traded up 1.5% against the dollar and now trades at $0.13 or 0.00000213 BTC.
• Akash Network (AKT) traded down 0.8% against the dollar and now trades at $2.67 or 0.00004221 BTC.
• Theta Fuel (TFUEL) traded 10.6% higher against the dollar and now trades at $0.0696 or 0.00000110 BTC.
• Kava (KAVA) traded up 0.4% against the dollar and now trades at $0.38 or 0.00000602 BTC.

About Avalanche

Avalanche (AVAX) uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 445,970,178 coins and its circulating supply is 405,967,078 coins. Avalanche’s official website is avax.network. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. 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.

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 buy alternative cryptocurrencies such as Avalanche directly using US dollars. Investors seeking to acquire Avalanche should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView