Ontology (ONT) Price Hits $0.0797

Ontology (ONT) traded 1.2% higher against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on November 5th. One Ontology coin can now be purchased for approximately $0.0797 or 0.00000078 BTC on major exchanges. During the last week, Ontology has traded 11% lower against the U.S. dollar. Ontology has a market capitalization of $73.21 million and approximately $11.36 million worth of Ontology was traded on exchanges in the last day.

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

  • Ethereum (ETH) traded down 5% against the dollar and now trades at $3,335.63 or 0.03253902 BTC.
  • Cardano (ADA) traded down 0.4% against the dollar and now trades at $0.54 or 0.00000524 BTC.
  • Cronos (CRO) traded 2.4% lower against the dollar and now trades at $0.12 or 0.00000119 BTC.
  • Hedera (HBAR) traded 1.6% lower against the dollar and now trades at $0.17 or 0.00000167 BTC.
  • Avalanche (AVAX) traded 0.7% higher against the dollar and now trades at $16.63 or 0.00016225 BTC.
  • Uniswap (UNI) traded up 2% against the dollar and now trades at $5.26 or 0.00005133 BTC.
  • Internet Computer (ICP) traded 6.6% lower against the dollar and now trades at $4.92 or 0.00004796 BTC.
  • NEAR Protocol (NEAR) traded 0.1% lower against the dollar and now trades at $1.88 or 0.00001831 BTC.
  • Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.16 or 0.00000154 BTC.
  • Cosmos (ATOM) traded up 2.1% against the dollar and now trades at $2.61 or 0.00002550 BTC.

About Ontology

Ontology (CRYPTO:ONT) is a proof-of-stake (PoS) coin that uses the VBFT hashing algorithm. Its genesis date was November 27th, 2017. Ontology’s total supply is 1,000,000,000 coins and its circulating supply is 918,864,523 coins. The official website for Ontology is ont.io. Ontology’s official message board is medium.com/ontologynetwork. Ontology’s official Twitter account is @ontologynetwork and its Facebook page is accessible here. The Reddit community for Ontology is https://reddit.com/r/ontologynetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ontology is a public infrastructure chain project and distributed trust collaboration platform. Its blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. The blockchain/distributed ledger network combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, smart contract system support, and various industry-specific modules.Previously a NEO-based token, the ONT has now launched his mainnet. It will serveĀ as the utility token within the platform.”

Buying and Selling Ontology

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

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