Constellation (DAG) Reaches Self Reported Market Cap of $85.10 Million

Constellation (DAG) traded up 4.3% against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on July 12th. Constellation has a market capitalization of $85.10 million and $3.53 million worth of Constellation was traded on exchanges in the last day. One Constellation coin can currently be purchased for about $0.0296 or 0.00000051 BTC on popular exchanges. In the last seven days, Constellation has traded down 7.7% against the U.S. dollar.

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

• KILT Protocol (KILT) traded up 3.2% against the dollar and now trades at $0.19 or 0.00000324 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.4% against the dollar and now trades at $0.0130 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Constellation Profile

Constellation launched on January 1st, 2018. Constellation’s total supply is 3,003,804,388 coins and its circulating supply is 2,873,448,318 coins. The Reddit community for Constellation is https://reddit.com/r/constellation and the currency’s Github account can be viewed here. The official website for Constellation is www.constellationnetwork.io. Constellation’s official message board is medium.com/constellationlabs. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here.

According to CryptoCompare, “Constellation is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. Launched in 2017, Constellation’s goal is to enable secure big data processing and allow connection to external datasets through APIs. Its approach involves a serverless architecture to address common blockchain problems such as scalability and centralization. The DAG protocol, complemented by custom state channels, is designed to evolve smart contracts by integrating data sources into distributed ledger technology (DLT)​​. Constellation’s unique mission is to process big data with high scalability, easy integration, low transaction fees, and robust security. Its consensus model, proof-of-meme (PoM), rewards and selects nodes based on reputation. Its smart contracts run on a Java Virtual Machine (JVM), offering functionalities akin to Ethereum’s smart contracts but with more complex logic.”

Constellation Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Constellation directly using US dollars. Investors seeking to acquire Constellation should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Constellation using one of the aforementioned exchanges.

DAG/USD price chart by TradingView