Avalanche (AVAX) Trading 14.3% Lower Over Last Week

Avalanche (AVAX) traded down 7.9% against the US dollar during the 1 day period ending at 20:00 PM ET on April 30th. In the last seven days, Avalanche has traded 14.3% lower against the US dollar. Avalanche has a market capitalization of $12.44 billion and approximately $520.58 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can now be purchased for $32.80 or 0.00053934 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • NEAR Protocol (NEAR) traded 10% lower against the dollar and now trades at $6.20 or 0.00010187 BTC.
  • Internet Computer (ICP) traded 4.3% lower against the dollar and now trades at $12.88 or 0.00021183 BTC.
  • Cronos (CRO) traded up 2.3% against the dollar and now trades at $0.13 or 0.00000221 BTC.
  • Hedera (HBAR) traded down 9.2% against the dollar and now trades at $0.0938 or 0.00000154 BTC.
  • Cosmos (ATOM) traded 4.1% higher against the dollar and now trades at $8.50 or 0.00013974 BTC.
  • Fetch.ai (FET) traded 6.3% lower against the dollar and now trades at $2.03 or 0.00003344 BTC.
  • Algorand (ALGO) traded down 6.5% against the dollar and now trades at $0.18 or 0.00000294 BTC.
  • Akash Network (AKT) traded 6.2% lower against the dollar and now trades at $4.02 or 0.00006652 BTC.
  • Kava (KAVA) traded down 6.2% against the dollar and now trades at $0.65 or 0.00001063 BTC.
  • Theta Fuel (TFUEL) traded 6.3% lower against the dollar and now trades at $0.10 or 0.00000167 BTC.

About Avalanche

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. Its launch date was September 21st, 2020. Avalanche’s total supply is 437,826,029 coins and its circulating supply is 379,136,389 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. Avalanche’s official website is avax.network. The official message board for Avalanche is medium.com/avalancheavax.

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

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