Ontology Reaches 24 Hour Volume of $11.00 Million (ONT)

Ontology (ONT) traded 2% lower against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 1st. Ontology has a market capitalization of $47.82 million and approximately $11.00 million worth of Ontology was traded on exchanges in the last day. One Ontology coin can currently be bought for $0.0520 or 0.00000067 BTC on popular cryptocurrency exchanges. Over the last week, Ontology has traded down 11% against the dollar.

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

  • Ethereum (ETH) traded 9.6% lower against the dollar and now trades at $2,376.97 or 0.03040690 BTC.
  • Cardano (ADA) traded down 4.6% against the dollar and now trades at $0.29 or 0.00000375 BTC.
  • Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.0806 or 0.00000103 BTC.
  • Avalanche (AVAX) traded down 3.9% against the dollar and now trades at $10.05 or 0.00012861 BTC.
  • Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0905 or 0.00000116 BTC.
  • Uniswap (UNI) traded down 5.4% against the dollar and now trades at $3.87 or 0.00004951 BTC.
  • Internet Computer (ICP) traded down 5.3% against the dollar and now trades at $2.69 or 0.00003446 BTC.
  • NEAR Protocol (NEAR) traded 5.7% lower against the dollar and now trades at $1.20 or 0.00001531 BTC.
  • Cosmos (ATOM) traded 3.5% lower against the dollar and now trades at $1.96 or 0.00002511 BTC.
  • Algorand (ALGO) traded 3.8% lower against the dollar and now trades at $0.10 or 0.00000132 BTC.

About Ontology

Ontology is a proof-of-stake (PoS) coin that uses the VBFT hashing algorithm. Its launch date was November 27th, 2017. Ontology’s total supply is 1,000,000,000 coins and its circulating supply is 919,064,523 coins. Ontology’s official website is ont.io. Ontology’s official message board is medium.com/ontologynetwork. Ontology’s official Twitter account is @ontologynetwork and its Facebook page is accessible here. The Reddit community for Ontology is https://reddit.com/r/ontologynetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ontology is a public infrastructure chain project and distributed trust collaboration platform. Its blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. The blockchain/distributed ledger network combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, smart contract system support, and various industry-specific modules.Previously a NEO-based token, the ONT has now launched his mainnet. It will serveĀ as the utility token within the platform.”

Ontology Coin Trading

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

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