Avalanche (AVAX) Trading 27.3% Lower Over Last 7 Days

Avalanche (AVAX) traded 2.2% lower against the US dollar during the 24 hour period ending at 10:00 AM ET on April 17th. Over the last seven days, Avalanche has traded 27.3% lower against the US dollar. One Avalanche coin can currently be bought for about $33.46 or 0.00053817 BTC on major exchanges. Avalanche has a market cap of $12.64 billion and approximately $553.34 million worth of Avalanche was traded on exchanges in the last 24 hours.

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

• NEAR Protocol (NEAR) traded 2.2% higher against the dollar and now trades at $5.31 or 0.00008547 BTC.
• Internet Computer (ICP) traded down 1.4% against the dollar and now trades at $11.82 or 0.00019019 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded 0.8% lower against the dollar and now trades at $7.98 or 0.00012829 BTC.
• Hedera (HBAR) traded 1.3% lower against the dollar and now trades at $0.0779 or 0.00000125 BTC.
• Fetch.ai (FET) traded down 4.8% against the dollar and now trades at $1.92 or 0.00003086 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.17 or 0.00000270 BTC.
• Akash Network (AKT) traded up 5.6% against the dollar and now trades at $3.76 or 0.00005978 BTC.
• Kava (KAVA) traded 0.2% lower against the dollar and now trades at $0.63 or 0.00001017 BTC.
• Theta Fuel (TFUEL) traded down 2.1% against the dollar and now trades at $0.0810 or 0.00000130 BTC.

Avalanche Profile

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 436,618,975 coins and its circulating supply is 377,929,335 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. 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. The official website for Avalanche is avax.network.

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 currently possible to buy alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to acquire Avalanche should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView