Avalanche (AVAX) Tops 24 Hour Trading Volume of $228.22 Million

Avalanche (AVAX) traded up 1.5% against the US dollar during the one day period ending at 15:00 PM ET on September 21st. During the last seven days, Avalanche has traded up 9.1% against the US dollar. Avalanche has a total market capitalization of $11.20 billion and $228.22 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can now be bought for about $27.58 or 0.00043546 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• NEAR Protocol (NEAR) traded up 4.4% against the dollar and now trades at $4.54 or 0.00007174 BTC.
• Internet Computer (ICP) traded 2.1% higher against the dollar and now trades at $8.50 or 0.00013427 BTC.
• Cronos (CRO) traded 5.3% higher against the dollar and now trades at $0.0873 or 0.00000138 BTC.
• Hedera (HBAR) traded up 7.2% against the dollar and now trades at $0.0552 or 0.00000087 BTC.
• Cosmos (ATOM) traded 3.7% higher against the dollar and now trades at $4.67 or 0.00007374 BTC.
• Fetch.ai (FET) traded 3.5% higher against the dollar and now trades at $1.65 or 0.00002603 BTC.
• Algorand (ALGO) traded up 3.3% against the dollar and now trades at $0.14 or 0.00000214 BTC.
• Akash Network (AKT) traded up 3.9% against the dollar and now trades at $2.73 or 0.00004318 BTC.
• Theta Fuel (TFUEL) traded up 7.2% against the dollar and now trades at $0.0675 or 0.00000107 BTC.
• Kava (KAVA) traded up 1.9% against the dollar and now trades at $0.38 or 0.00000606 BTC.

About Avalanche

Avalanche uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 445,970,924 coins and its circulating supply is 405,967,824 coins. The official message board for Avalanche is medium.com/avalancheavax. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as Avalanche directly using US dollars. Investors seeking to acquire Avalanche should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView