Constellation (DAG) Trading Down 10.9% This Week

by · The Markets Daily

Constellation (DAG) traded 4.3% lower against the U.S. dollar during the 24 hour period ending at 14:00 PM E.T. on November 2nd. One Constellation coin can now be purchased for approximately $0.0231 or 0.00000033 BTC on popular cryptocurrency exchanges. In the last seven days, Constellation has traded 10.9% lower against the U.S. dollar. Constellation has a total market capitalization of $66.48 million and approximately $231,914.84 worth of Constellation was traded on exchanges in the last day.

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

  • 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded down 0.5% against the dollar and now trades at $69,266.54 or 1.00025016 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $69,223.37 or 0.99962679 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Constellation Coin 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. The official website for Constellation 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Constellation using one of the exchanges listed above.

DAG/USD price chart by TradingView