Constellation (DAG) Self Reported Market Cap Achieves $67.55 Million

by · The Markets Daily

Constellation (DAG) traded 4.1% lower against the dollar during the 24 hour period ending at 19:00 PM ET on November 1st. One Constellation coin can now be purchased for $0.0235 or 0.00000034 BTC on major exchanges. Constellation has a market cap of $67.55 million and approximately $728,579.86 worth of Constellation was traded on exchanges in the last day. In the last seven days, Constellation has traded down 15.7% against the dollar.

Here’s how similar 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 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 (SOLVBTC) traded down 1.4% against the dollar and now trades at $69,290.93 or 0.99901133 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.4% lower against the dollar and now trades at $69,250.69 or 0.99843123 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 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 message board for Constellation is medium.com/constellationlabs. 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.”

Buying and Selling Constellation

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

DAG/USD price chart by TradingView