Avalanche Price Tops $21.61 on Top Exchanges (AVAX)

Avalanche (AVAX) traded down 1.8% against the US dollar during the 24-hour period ending at 22:00 PM ET on September 5th. Avalanche has a total market cap of $8.76 billion and $158.08 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can now be bought for $21.61 or 0.00038096 BTC on popular exchanges. During the last week, Avalanche has traded down 6.2% against the US dollar.

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

• NEAR Protocol (NEAR) traded 2.9% lower against the dollar and now trades at $3.77 or 0.00006638 BTC.
• Internet Computer (ICP) traded 3.9% lower against the dollar and now trades at $7.29 or 0.00012858 BTC.
• Cronos (CRO) traded 1% lower against the dollar and now trades at $0.0780 or 0.00000137 BTC.
• Hedera (HBAR) traded 1.7% lower against the dollar and now trades at $0.0484 or 0.00000085 BTC.
• Cosmos (ATOM) traded down 2.9% against the dollar and now trades at $3.92 or 0.00006909 BTC.
• Fetch.ai (FET) traded down 3.2% against the dollar and now trades at $1.09 or 0.00001930 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.12 or 0.00000210 BTC.
• Akash Network (AKT) traded 1.3% lower against the dollar and now trades at $2.25 or 0.00004007 BTC.
• Theta Fuel (TFUEL) traded down 0.4% against the dollar and now trades at $0.0537 or 0.00000095 BTC.
• Kava (KAVA) traded down 1.2% against the dollar and now trades at $0.29 or 0.00000512 BTC.

About Avalanche

Avalanche uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 445,217,236 coins and its circulating supply is 405,214,136 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The official website for Avalanche is avax.network. The official message board for Avalanche is medium.com/avalancheavax. 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 presently possible to buy alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to acquire Avalanche should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini 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