Avalanche Trading 11.7% Higher Over Last 7 Days (AVAX)

Avalanche (AVAX) traded down 2.3% against the dollar during the one day period ending at 20:00 PM ET on April 23rd. Avalanche has a market cap of $14.56 billion and $351.75 million worth of Avalanche was traded on exchanges in the last day. One Avalanche coin can currently be purchased for about $38.52 or 0.00057855 BTC on popular exchanges. Over the last seven days, Avalanche has traded up 11.7% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• NEAR Protocol (NEAR) traded 2.2% lower against the dollar and now trades at $6.89 or 0.00010351 BTC.
• Internet Computer (ICP) traded 4.2% lower against the dollar and now trades at $14.50 or 0.00021779 BTC.
• Hedera (HBAR) traded 83.1% higher against the dollar and now trades at $0.17 or 0.00000250 BTC.
• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $8.70 or 0.00013069 BTC.
• Fetch.ai (FET) traded 1.9% lower against the dollar and now trades at $2.45 or 0.00003681 BTC.
• Algorand (ALGO) traded down 0.6% against the dollar and now trades at $0.19 or 0.00000292 BTC.
• Akash Network (AKT) traded 24.9% higher against the dollar and now trades at $5.09 or 0.00007681 BTC.
• Kava (KAVA) traded 2.3% higher against the dollar and now trades at $0.76 or 0.00001141 BTC.
• Theta Fuel (TFUEL) traded 9.7% lower against the dollar and now trades at $0.11 or 0.00000159 BTC.

Avalanche Coin Profile

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 436,709,102 coins and its circulating supply is 378,019,462 coins. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. The official message board for Avalanche is medium.com/avalancheavax. Avalanche’s official website is avax.network. Avalanche’s official Twitter account is @avax and its Facebook page is accessible 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.”

Buying and Selling Avalanche

It is usually not possible to purchase alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to trade Avalanche should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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