Avalanche (AVAX) 24-Hour Volume Hits $128.35 Million

Avalanche (AVAX) traded up 1% against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on September 18th. One Avalanche coin can currently be purchased for about $9.07 or 0.00033960 BTC on popular exchanges. Over the last seven days, Avalanche has traded 1.9% lower against the US dollar. Avalanche has a market cap of $3.21 billion and approximately $128.35 million worth of Avalanche was traded on exchanges in the last 24 hours.

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

• Cosmos (ATOM) traded 7.1% higher against the dollar and now trades at $7.36 or 0.00027542 BTC.
• Hedera (HBAR) traded up 1.7% against the dollar and now trades at $0.0502 or 0.00000188 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $2.98 or 0.00011163 BTC.
• Cronos (CRO) traded up 0% against the dollar and now trades at $0.0511 or 0.00000191 BTC.
• NEAR Protocol (NEAR) traded 0.9% higher against the dollar and now trades at $1.09 or 0.00004099 BTC.
• Algorand (ALGO) traded 1.9% higher against the dollar and now trades at $0.0962 or 0.00000360 BTC.
• Kava (KAVA) traded up 1.5% against the dollar and now trades at $0.62 or 0.00002334 BTC.
• Theta Fuel (TFUEL) traded 2.3% lower against the dollar and now trades at $0.0334 or 0.00000125 BTC.
• Akash Network (AKT) traded 3.6% higher against the dollar and now trades at $0.90 or 0.00003361 BTC.
• Fetch.ai (FET) traded up 0.7% against the dollar and now trades at $0.23 or 0.00000847 BTC.

About Avalanche

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. Its launch date was September 21st, 2020. Avalanche’s total supply is 431,360,762 coins and its circulating supply is 353,984,582 coins. The official website for Avalanche is avax.network. Avalanche’s official message board is medium.com/avalancheavax. 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.

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.”

Buying and Selling Avalanche

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

AVAX/USD price chart by TradingView