Constellation (DAG) Self Reported Market Capitalization Achieves $95.20 Million

Constellation (DAG) traded 10% higher against the US dollar during the 24 hour period ending at 16:00 PM E.T. on November 20th. Constellation has a total market capitalization of $95.20 million and $827,668.72 worth of Constellation was traded on exchanges in the last 24 hours. Over the last week, Constellation has traded up 4.1% against the US dollar. One Constellation coin can currently be purchased for approximately $0.0410 or 0.00000109 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded up 11.7% against the dollar and now trades at $0.37 or 0.00000984 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 13.7% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded up 0% against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 2.1% against the dollar and now trades at $0.0084 or 0.00000022 BTC.

About Constellation

Constellation’s launch date was January 1st, 2018. Constellation’s total supply is 3,711,998,690 coins and its circulating supply is 2,320,488,685 coins. The Reddit community for Constellation is https://reddit.com/r/constellation and the currency’s Github account can be viewed here. Constellation’s official website is www.constellationnetwork.io. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here. Constellation’s official message board is medium.com/constellationlabs.

According to CryptoCompare, “Constellation is a Horizontally Scalable Blockchain with mobile support. By “Horizontal Scalable”, is mentioned that Network capacity is proportional to the user adoption, which concedes the network the strength to have more and more users in a medium to far future. Constellation will work with its own smart contacts to support blockchain’s microservices. In addition, the platform uses reputation-based incentives in order to remove the costs from transactions fees.

The Constellation Network is composed of $DAG nodes, state channel nodes, and ‘hybrid’ nodes, which perform consensus for multiple state channels and $DAG. Each state channel can ‘license’ or share its data to accounts, either by granting access rights via payment in $DAG or a throughput allowance for validating data as a node operator (sole state channel node or hybrid). Hybrid nodes allow for direct license exchange via atomic commits from hybrid nodes.

$DAG is the financial state channel of the Constellation Network. It allows for seamless exchange and interaction between the various state channels and nodes that make up the Network. $DAG binds the network components together so that they relate to one another.

$DAG provides a second functional value as tokenized throughput or bandwidth on the network. At the same time, basic rate-limited functionality will remain free, allowing users to send single transactions for one-off P2P payments. For any serious data processing or data exchanges, more throughput is needed. This is acquired through $DAG micropayments or by contributing resources as a node operator to the network.

The DAG token was released first as an ERC20 cryptocurrency, now migrated to its own mainnet and become the Constellation native token.”

Buying and Selling Constellation

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

DAG/USD price chart by TradingView