Avalanche (AVAX) Price Reaches $45.69 on Major Exchanges

Avalanche (AVAX) traded 3% higher against the dollar during the 24 hour period ending at 10:00 AM Eastern on November 30th. One Avalanche coin can now be purchased for approximately $45.69 or 0.00047280 BTC on popular cryptocurrency exchanges. Avalanche has a market cap of $18.70 billion and approximately $855.63 million worth of Avalanche was traded on exchanges in the last day. In the last week, Avalanche has traded 6.3% higher against the dollar.

Here is how related cryptocurrencies have performed in the last day:

• NEAR Protocol (NEAR) traded up 1.7% against the dollar and now trades at $7.09 or 0.00007333 BTC.
• Hedera (HBAR) traded up 6.7% against the dollar and now trades at $0.17 or 0.00000174 BTC.
• Internet Computer (ICP) traded up 4.3% against the dollar and now trades at $12.49 or 0.00012918 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.18 or 0.00000191 BTC.
• Fetch.ai (FET) traded up 14.5% against the dollar and now trades at $1.89 or 0.00001956 BTC.
• Algorand (ALGO) traded 10.9% higher against the dollar and now trades at $0.44 or 0.00000458 BTC.
• Cosmos (ATOM) traded 1.8% lower against the dollar and now trades at $8.54 or 0.00008839 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $4.23 or 0.00004383 BTC.
• Kava (KAVA) traded 4.3% higher against the dollar and now trades at $0.61 or 0.00000631 BTC.
• Theta Fuel (TFUEL) traded up 13.4% against the dollar and now trades at $0.0934 or 0.00000097 BTC.

Avalanche Profile

Avalanche (CRYPTO:AVAX) uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 447,610,443 coins and its circulating supply is 409,274,143 coins. 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. The official website for Avalanche is avax.network. 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.”

Avalanche Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to trade Avalanche should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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