Magnet (MAG) Trading Down 30.4% This Week

Magnet (CURRENCY:MAG) traded down 5.1% against the US dollar during the 24 hour period ending at 21:00 PM ET on August 17th. One Magnet coin can now be purchased for $0.0015 or 0.00000015 BTC on major exchanges including CoinExchange, BiteBTC, Cryptopia and CryptoBridge. Magnet has a total market cap of $61,686.00 and approximately $174.00 worth of Magnet was traded on exchanges in the last 24 hours. Over the last week, Magnet has traded down 30.4% against the US dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • Tao (XTO) traded flat against the dollar and now trades at $0.22 or 0.00005602 BTC.
  • IslaCoin (ISL) traded flat against the dollar and now trades at $0.17 or 0.00002159 BTC.
  • Piggycoin (PIGGY) traded flat against the dollar and now trades at $0.0004 or 0.00000008 BTC.
  • Capricoin (CPC) traded down 1.8% against the dollar and now trades at $0.10 or 0.00001013 BTC.
  • Virtacoinplus (XVP) traded flat against the dollar and now trades at $0.0139 or 0.00000145 BTC.
  • TrustPlus (TRUST) traded flat against the dollar and now trades at $0.0039 or 0.00000060 BTC.
  • Monkey Project (MONK) traded 28.5% higher against the dollar and now trades at $0.0131 or 0.00000128 BTC.
  • Regalcoin (REC) traded 0.4% higher against the dollar and now trades at $0.0073 or 0.00000070 BTC.
  • Evil Coin (EVIL) traded flat against the dollar and now trades at $0.0040 or 0.00000035 BTC.
  • Syndicate (SYNX) traded flat against the dollar and now trades at $0.0020 or 0.00000019 BTC.

Magnet Profile

MAG is a PoW/PoS coin that uses the
X11 hashing algorithm. It launched on November 14th, 2017. Magnet’s total supply is 40,542,939 coins and its circulating supply is 40,292,939 coins. Magnet’s official website is magnetwork.io. The Reddit community for Magnet is /r/magnetwork_io and the currency’s Github account can be viewed here. Magnet’s official Twitter account is @magnetwork_io.

Buying and Selling Magnet

Magnet can be purchased on the following cryptocurrency exchanges: BiteBTC, CryptoBridge, CoinExchange and Cryptopia. It is usually not possible to purchase alternative cryptocurrencies such as Magnet directly using U.S. dollars. Investors seeking to acquire Magnet should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Magnet using one of the exchanges listed above.

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