Avalanche One Day Trading Volume Reaches $377.13 Million (AVAX)

Avalanche (AVAX) traded up 8.1% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on June 27th. During the last week, Avalanche has traded 2% higher against the U.S. dollar. One Avalanche coin can now be bought for approximately $27.93 or 0.00045258 BTC on popular cryptocurrency exchanges. Avalanche has a market cap of $11.00 billion and $377.13 million worth of Avalanche was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• NEAR Protocol (NEAR) traded down 0.1% against the dollar and now trades at $5.20 or 0.00008427 BTC.
• Internet Computer (ICP) traded 0.1% higher against the dollar and now trades at $8.18 or 0.00013255 BTC.
• Hedera (HBAR) traded 2.7% higher against the dollar and now trades at $0.0782 or 0.00000127 BTC.
• Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $6.85 or 0.00011101 BTC.
• Cronos (CRO) traded up 0.8% against the dollar and now trades at $0.0900 or 0.00000146 BTC.
• Fetch.ai (FET) traded down 12.3% against the dollar and now trades at $1.56 or 0.00002536 BTC.
• Algorand (ALGO) traded up 0.8% against the dollar and now trades at $0.14 or 0.00000230 BTC.
• Akash Network (AKT) traded 12.1% higher against the dollar and now trades at $3.31 or 0.00005368 BTC.
• Theta Fuel (TFUEL) traded 6.7% higher against the dollar and now trades at $0.0784 or 0.00000127 BTC.
• Kava (KAVA) traded 0.1% higher against the dollar and now trades at $0.46 or 0.00000739 BTC.

Avalanche Profile

AVAX uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 443,212,555 coins and its circulating supply is 393,866,185 coins. The official message board for Avalanche is medium.com/avalancheavax. The official website for Avalanche is avax.network. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. 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.”

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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView