Constellation (DAG) Trading Down 3.1% This Week

by · The Markets Daily

Constellation (DAG) traded up 0.3% against the dollar during the 24 hour period ending at 17:00 PM E.T. on November 4th. During the last seven days, Constellation has traded down 3.1% against the dollar. Constellation has a market cap of $64.22 million and $856,537.49 worth of Constellation was traded on exchanges in the last day. One Constellation coin can now be bought for about $0.0223 or 0.00000033 BTC on exchanges.

Here’s how similar 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 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower 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.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.4% lower against the dollar and now trades at $67,663.84 or 1.00844143 BTC.
  • SolvBTC (SOLVBTC) traded down 2.5% against the dollar and now trades at $67,137.70 or 1.00060000 BTC.
  • AXIA Coin (AXC) traded down 0.1% 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. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here. The official website for Constellation is www.constellationnetwork.io. 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.

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 possible to purchase alternative cryptocurrencies such as Constellation directly using US dollars. Investors seeking to acquire Constellation should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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