Powerledger (POWR) Hits Self Reported Market Cap of $125.74 Million

Powerledger (POWR) traded 10.9% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on January 13th. One Powerledger token can currently be bought for $0.26 or 0.00000287 BTC on popular cryptocurrency exchanges. Powerledger has a market capitalization of $125.74 million and $36.85 million worth of Powerledger was traded on exchanges in the last day. During the last seven days, Powerledger has traded down 13.3% against the U.S. dollar.

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

• 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 down 2.2% 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 3.5% against the dollar and now trades at $91,046.16 or 0.99898143 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.5% lower against the dollar and now trades at $90,279.29 or 0.99056706 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Powerledger Token Profile

Powerledger was first traded on September 8th, 2017. Powerledger’s total supply is 1,000,000,000 tokens and its circulating supply is 481,021,125 tokens. Powerledger’s official website is powerledger.io. The Reddit community for Powerledger is https://reddit.com/r/powerledger. Powerledger’s official message board is medium.com/power-ledger. Powerledger’s official Twitter account is @powerledger_io and its Facebook page is accessible here.

According to CryptoCompare, “Power Ledger is a decentralized energy exchange platform. It incorporates energy applications, such as a P2P energy trading application that allows businesses to host trading on the platform. This technology enables the sale of surplus renewable energy generated at residential and commercial developments (including multi-unit/multi-tenanted) connected to existing electricity distribution networks, or within micro-grids. POWR is an Ethereum-based token that fuels the Power Ledger Ecosystem. POWR tokens serve as access permission tokens, allowing the Application Hosts and their consumers to gain access to the P2P trading features and other Power Ledger applications. To synchronize the ecosystem globally and create cross-market electricity compatibility, a second token, Sparkz, is used in Power Ledger's ecosystem transactions. Applications Hosts may convert their POWR tokens to Sparks when the ecosystem has been accessed.”

Buying and Selling Powerledger

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

POWR/USD price chart by TradingView