Avalanche 1-Day Trading Volume Tops $277.28 Million (AVAX)

Avalanche (AVAX) traded 2.3% higher against the dollar during the twenty-four hour period ending at 13:00 PM ET on April 28th. Over the last seven days, Avalanche has traded 5% lower against the dollar. One Avalanche coin can currently be bought for about $34.88 or 0.00054793 BTC on cryptocurrency exchanges. Avalanche has a total market cap of $13.20 billion and approximately $277.28 million worth of Avalanche was traded on exchanges in the last 24 hours.

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

• NEAR Protocol (NEAR) traded 2.7% higher against the dollar and now trades at $7.19 or 0.00011302 BTC.
• Internet Computer (ICP) traded 5.7% higher against the dollar and now trades at $13.71 or 0.00021537 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Cronos (CRO) traded up 1.6% against the dollar and now trades at $0.13 or 0.00000203 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $8.33 or 0.00013092 BTC.
• Fetch.ai (FET) traded 6% higher against the dollar and now trades at $2.25 or 0.00003532 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.20 or 0.00000311 BTC.
• Akash Network (AKT) traded down 0.8% against the dollar and now trades at $4.37 or 0.00006859 BTC.
• Kava (KAVA) traded up 2.5% against the dollar and now trades at $0.70 or 0.00001099 BTC.
• Theta Fuel (TFUEL) traded up 6.1% against the dollar and now trades at $0.11 or 0.00000176 BTC.

Avalanche Coin Profile

Avalanche (AVAX) uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 437,101,081 coins and its circulating supply is 378,411,441 coins. 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. 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 presently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView