Constellation Trading 5.4% Higher Over Last 7 Days (DAG)

by · The Markets Daily

Constellation (DAG) traded 2.1% higher against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on October 16th. Constellation has a market cap of $65.72 million and $211,849.90 worth of Constellation was traded on exchanges in the last day. One Constellation coin can now be purchased for $0.0229 or 0.00000034 BTC on cryptocurrency exchanges. During the last seven days, Constellation has traded up 5.4% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% 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.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded 8.2% higher against the dollar and now trades at $0.0494 or 0.00000073 BTC.
  • P2P Solutions foundation (P2PS) traded up 1.8% against the dollar and now trades at $169.91 or 0.00250356 BTC.

Constellation Coin Profile

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

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.”

Buying and Selling Constellation

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

DAG/USD price chart by TradingView