Avalanche Price Up 14.9% This Week (AVAX)

Avalanche (AVAX) traded up 0.7% against the dollar during the 1-day period ending at 13:00 PM Eastern on April 23rd. Over the last seven days, Avalanche has traded 14.9% higher against the dollar. Avalanche has a total market capitalization of $14.78 billion and approximately $368.81 million worth of Avalanche was traded on exchanges in the last day. One Avalanche coin can currently be purchased for approximately $39.10 or 0.00058557 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• NEAR Protocol (NEAR) traded 1.3% higher against the dollar and now trades at $7.06 or 0.00010575 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $14.60 or 0.00021868 BTC.
• Hedera (HBAR) traded up 24% against the dollar and now trades at $0.11 or 0.00000166 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.13 or 0.00000196 BTC.
• Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $8.73 or 0.00013078 BTC.
• Fetch.ai (FET) traded up 2.3% against the dollar and now trades at $2.45 or 0.00003674 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.19 or 0.00000289 BTC.
• Akash Network (AKT) traded 31% higher against the dollar and now trades at $5.25 or 0.00007871 BTC.
• Kava (KAVA) traded up 1.7% against the dollar and now trades at $0.75 or 0.00001125 BTC.
• Theta Fuel (TFUEL) traded 6.5% higher against the dollar and now trades at $0.11 or 0.00000171 BTC.

Avalanche Profile

Avalanche (AVAX) uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 436,704,055 coins and its circulating supply is 378,014,415 coins. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. Avalanche’s official website is avax.network. The official message board for Avalanche 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.”

Avalanche Coin Trading

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

AVAX/USD price chart by TradingView