Constellation (DAG) Hits Self Reported Market Capitalization of $108.63 Million

Constellation (DAG) traded down 5.7% against the US dollar during the 1 day period ending at 13:00 PM E.T. on May 8th. One Constellation coin can currently be bought for about $0.0378 or 0.00000060 BTC on popular cryptocurrency exchanges. Constellation has a market capitalization of $108.63 million and $2.05 million worth of Constellation was traded on exchanges in the last day. In the last seven days, Constellation has traded 6.2% higher against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1.2% lower against the dollar and now trades at $0.30 or 0.00000472 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.8% higher against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Constellation

Constellation launched on January 1st, 2018. Constellation’s total supply is 3,003,804,388 coins and its circulating supply is 2,873,448,318 coins. The official website for Constellation is www.constellationnetwork.io. The Reddit community for Constellation is https://reddit.com/r/constellation and the currency’s Github account can be viewed here. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here. The official message board for Constellation is medium.com/constellationlabs.

According to CryptoCompare, “Constellation is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. Launched in 2017, Constellation’s goal is to enable secure big data processing and allow connection to external datasets through APIs. Its approach involves a serverless architecture to address common blockchain problems such as scalability and centralization. The DAG protocol, complemented by custom state channels, is designed to evolve smart contracts by integrating data sources into distributed ledger technology (DLT)​​. Constellation’s unique mission is to process big data with high scalability, easy integration, low transaction fees, and robust security. Its consensus model, proof-of-meme (PoM), rewards and selects nodes based on reputation. Its smart contracts run on a Java Virtual Machine (JVM), offering functionalities akin to Ethereum’s smart contracts but with more complex logic.”

Constellation Coin Trading

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

DAG/USD price chart by TradingView