Constellation Price Down 12.8% This Week (DAG)

Constellation (DAG) traded 0.4% lower against the US dollar during the 24 hour period ending at 20:00 PM E.T. on September 22nd. Constellation has a market capitalization of $248.78 million and $709,541.00 worth of Constellation was traded on exchanges in the last day. In the last week, Constellation has traded 12.8% lower against the US dollar. One Constellation coin can currently be purchased for $0.0670 or 0.00000346 BTC on major cryptocurrency exchanges.

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

  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0504 or 0.00000260 BTC.
  • CareCoin (CARES) traded down 99.8% against the dollar and now trades at $0.0626 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded 5.2% higher against the dollar and now trades at $0.0045 or 0.00000023 BTC.
  • Euro Coin (EUROC) traded 0% lower against the dollar and now trades at $0.83 or 0.00004283 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.13 or 0.00010972 BTC.
  • AXIA Coin (AXC) traded 0% higher against the dollar and now trades at $13.43 or 0.00069573 BTC.
  • MVP Coin (MVP) traded 28.6% lower against the dollar and now trades at $2,053.00 or 0.10636024 BTC.
  • Lumi Credits (LUMI) traded up 1.4% against the dollar and now trades at $0.0051 or 0.00000026 BTC.
  • Tarality (TARAL) traded 11.3% lower against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded 213.7% higher against the dollar and now trades at $517.71 or 0.02213862 BTC.

Constellation Coin Profile

Constellation’s genesis date was May 24th, 2018. Constellation’s total supply is 3,712,000,000 coins. The Reddit community for Constellation is /r/constellation and the currency’s Github account can be viewed here. The official message board for Constellation is constellationlabs.io/blog. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here. The official website for Constellation is constellationlabs.io.

According to CryptoCompare, “Constellation is a Horizontally Scalable Blockchain with mobile support. By “Horizontal Scalable”, is mentioned that Network capacity is proportional to the user adoption, which concedes the network the strength to have more and more users in a medium to far future. Constellation will work with its own smart contacts to support blockchain's microservices. In addition, the platform uses reputation-based incentives in order to remove the costs from transactions fees.The Constellation Network is composed of $DAG nodes, state channel nodes, and ‘hybrid’ nodes, which perform consensus for multiple state channels and $DAG. Each state channel can ‘license’ or share its data to accounts, either by granting access rights via payment in $DAG or a throughput allowance for validating data as a node operator (sole state channel node or hybrid). Hybrid nodes allow for direct license exchange via atomic commits from hybrid nodes.$DAG is the financial state channel of the Constellation Network. It allows for seamless exchange and interaction between the various state channels and nodes that make up the Network. $DAG binds the network components together so that they relate to one another.$DAG provides a second functional value as tokenized throughput or bandwidth on the network. At the same time, basic rate-limited functionality will remain free, allowing users to send single transactions for one-off P2P payments. For any serious data processing or data exchanges, more throughput is needed. This is acquired through $DAG micropayments or by contributing resources as a node operator to the network.The DAG token was  released first as an ERC20 cryptocurrency, now migrated to its own mainnet and become the Constellation native token.”

Buying and Selling Constellation

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

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