Avalanche (AVAX) Reaches 24-Hour Volume of $212.13 Million

Avalanche (AVAX) traded down 4.5% against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on September 4th. During the last seven days, Avalanche has traded down 12.8% against the U.S. dollar. Avalanche has a market cap of $8.66 billion and $212.13 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can currently be purchased for approximately $21.38 or 0.00037853 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• NEAR Protocol (NEAR) traded down 4% against the dollar and now trades at $3.77 or 0.00006672 BTC.
• Internet Computer (ICP) traded 3.2% lower against the dollar and now trades at $7.20 or 0.00012750 BTC.
• Cronos (CRO) traded down 4.7% against the dollar and now trades at $0.0770 or 0.00000136 BTC.
• Hedera (HBAR) traded down 5.3% against the dollar and now trades at $0.0482 or 0.00000085 BTC.
• Cosmos (ATOM) traded 9.1% lower against the dollar and now trades at $4.00 or 0.00007085 BTC.
• Fetch.ai (FET) traded 7.6% lower against the dollar and now trades at $1.10 or 0.00001939 BTC.
• Algorand (ALGO) traded 5.5% lower against the dollar and now trades at $0.12 or 0.00000208 BTC.
• Akash Network (AKT) traded down 7.2% against the dollar and now trades at $2.21 or 0.00003896 BTC.
• Theta Fuel (TFUEL) traded down 6.7% against the dollar and now trades at $0.0519 or 0.00000092 BTC.
• Kava (KAVA) traded 5.6% lower against the dollar and now trades at $0.29 or 0.00000507 BTC.

Avalanche Coin Profile

Avalanche (AVAX) uses the hashing algorithm. Its launch date was September 21st, 2020. Avalanche’s total supply is 445,187,239 coins and its circulating supply is 405,184,139 coins. 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. Avalanche’s official website is avax.network.

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 trade 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