Avalanche Price Tops $53.42 on Top Exchanges (AVAX)

Avalanche (AVAX) traded down 1.4% against the U.S. dollar during the one day period ending at 9:00 AM Eastern on March 29th. Avalanche has a market cap 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 bought for about $53.42 or 0.00075999 BTC on popular exchanges. During the last week, Avalanche has traded down 5.4% against the U.S. dollar.

Here’s how related 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 down 2.2% 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 1.6% higher 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 1.7% higher against the dollar and now trades at $0.28 or 0.00000391 BTC.
• Akash Network (AKT) traded up 1.4% against the dollar and now trades at $5.34 or 0.00007616 BTC.
• Kava (KAVA) traded up 4.1% against the dollar and now trades at $1.03 or 0.00001461 BTC.
• Theta Fuel (TFUEL) traded 1.4% lower against the dollar and now trades at $0.0838 or 0.00000119 BTC.

Avalanche Coin Profile

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 436,106,176 coins and its circulating supply is 377,416,536 coins. Avalanche’s official website is avax.network. Avalanche’s official message board is medium.com/avalancheavax. 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.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView