Avalanche Price Tops $23.76 on Exchanges (AVAX)

Avalanche (AVAX) traded up 1.5% against the US dollar during the 1-day period ending at 0:00 AM E.T. on September 9th. Avalanche has a total market cap of $9.63 billion and approximately $271.70 million worth of Avalanche was traded on exchanges in the last 24 hours. In the last seven days, Avalanche has traded 6% higher against the US dollar. One Avalanche coin can currently be bought for about $23.76 or 0.00041911 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• NEAR Protocol (NEAR) traded 5% higher against the dollar and now trades at $3.98 or 0.00007012 BTC.
• Internet Computer (ICP) traded up 4.1% against the dollar and now trades at $7.72 or 0.00013620 BTC.
• Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.0789 or 0.00000139 BTC.
• Hedera (HBAR) traded up 1.1% against the dollar and now trades at $0.0503 or 0.00000089 BTC.
• Cosmos (ATOM) traded 4.7% higher against the dollar and now trades at $4.06 or 0.00007166 BTC.
• Fetch.ai (FET) traded up 9.7% against the dollar and now trades at $1.22 or 0.00002155 BTC.
• Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.13 or 0.00000223 BTC.
• Akash Network (AKT) traded 4.8% higher against the dollar and now trades at $2.39 or 0.00004169 BTC.
• Theta Fuel (TFUEL) traded up 0.7% against the dollar and now trades at $0.0558 or 0.00000098 BTC.
• Kava (KAVA) traded 3.8% higher against the dollar and now trades at $0.30 or 0.00000527 BTC.

Avalanche Coin Profile

Avalanche (AVAX) uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 445,270,735 coins and its circulating supply is 405,267,635 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. Avalanche’s official message board 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. Avalanche’s official website is avax.network.

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.”

Avalanche Coin Trading

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

AVAX/USD price chart by TradingView