Ontology (ONT) Reaches One Day Volume of $5.45 Million

Ontology (ONT) traded 8.3% lower against the US dollar during the 1 day period ending at 9:00 AM E.T. on February 5th. Ontology has a market cap of $44.28 million and $5.45 million worth of Ontology was traded on exchanges in the last 24 hours. Over the last seven days, Ontology has traded down 17.6% against the US dollar. One Ontology coin can currently be purchased for about $0.0482 or 0.00000068 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded down 7.7% against the dollar and now trades at $2,083.90 or 0.02959676 BTC.
• Cardano (ADA) traded down 8.2% against the dollar and now trades at $0.27 or 0.00000387 BTC.
• Cronos (CRO) traded 7.9% lower against the dollar and now trades at $0.0768 or 0.00000109 BTC.
• Avalanche (AVAX) traded down 7% against the dollar and now trades at $9.31 or 0.00013216 BTC.
• Hedera (HBAR) traded 7% lower against the dollar and now trades at $0.0861 or 0.00000122 BTC.
• Uniswap (UNI) traded down 5.1% against the dollar and now trades at $3.66 or 0.00005193 BTC.
• Internet Computer (ICP) traded 7.7% lower against the dollar and now trades at $2.50 or 0.00003555 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $1.11 or 0.00001573 BTC.
• Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $1.97 or 0.00002797 BTC.
• Algorand (ALGO) traded 8% lower against the dollar and now trades at $0.0980 or 0.00000139 BTC.

Ontology Coin Profile

Ontology is a proof-of-stake (PoS) coin that uses the VBFT hashing algorithm. It launched on November 27th, 2017. Ontology’s total supply is 1,000,000,000 coins and its circulating supply is 919,064,523 coins. The Reddit community for Ontology is https://reddit.com/r/ontologynetwork and the currency’s Github account can be viewed here. Ontology’s official message board is medium.com/ontologynetwork. Ontology’s official Twitter account is @ontologynetwork and its Facebook page is accessible here. Ontology’s official website is ont.io.

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 serve as the utility token within the platform.”

Ontology Coin Trading

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

ONT/USD price chart by TradingView