Avalanche Trading 16.2% Higher Over Last 7 Days (AVAX)

Avalanche (AVAX) traded down 1.8% against the US dollar during the 24 hour period ending at 19:00 PM E.T. on July 1st. Avalanche has a total market cap of $11.39 billion and $299.83 million worth of Avalanche was traded on exchanges in the last 24 hours. Over the last seven days, Avalanche has traded up 16.2% against the US dollar. One Avalanche coin can now be bought for $28.89 or 0.00046007 BTC on major exchanges.

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

• NEAR Protocol (NEAR) traded 1.4% lower against the dollar and now trades at $5.26 or 0.00008371 BTC.
• Internet Computer (ICP) traded down 1.5% against the dollar and now trades at $8.06 or 0.00012830 BTC.
• Hedera (HBAR) traded 0.3% lower against the dollar and now trades at $0.0765 or 0.00000122 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $6.79 or 0.00010809 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0915 or 0.00000146 BTC.
• Fetch.ai (FET) traded down 9.6% against the dollar and now trades at $1.31 or 0.00002079 BTC.
• Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.15 or 0.00000233 BTC.
• Akash Network (AKT) traded up 1.7% against the dollar and now trades at $3.66 or 0.00005823 BTC.
• Theta Fuel (TFUEL) traded up 3.3% against the dollar and now trades at $0.0783 or 0.00000125 BTC.
• Kava (KAVA) traded 1.5% lower against the dollar and now trades at $0.44 or 0.00000693 BTC.

Avalanche Coin Profile

Avalanche (AVAX) uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 443,499,275 coins and its circulating supply is 394,152,905 coins. Avalanche’s official website is avax.network. 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 message board 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.”

Buying and Selling Avalanche

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

AVAX/USD price chart by TradingView