Constellation Reaches Self Reported Market Capitalization of $148.37 Million (DAG)

Constellation (DAG) traded down 2.5% against the US dollar during the 1 day period ending at 12:00 PM Eastern on February 6th. Over the last week, Constellation has traded down 25.5% against the US dollar. One Constellation coin can now be bought for about $0.0516 or 0.00000053 BTC on exchanges. Constellation has a market cap of $148.37 million and $2.15 million worth of Constellation was traded on exchanges in the last day.

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

• GMX (GMX) traded up 0.5% against the dollar and now trades at $16.91 or 0.00017465 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $96,704.21 or 0.99895380 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% lower against the dollar and now trades at $96,530.79 or 0.99716244 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Constellation Profile

Constellation was first traded 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 message board for Constellation is medium.com/constellationlabs. 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. Constellation’s official website is www.constellationnetwork.io.

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 currently possible to buy alternative cryptocurrencies such as Constellation directly using US dollars. Investors seeking to trade Constellation should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Constellation using one of the exchanges listed above.

DAG/USD price chart by TradingView