Constellation (DAG) Price Reaches $0.0209 on Major Exchanges

Constellation (DAG) traded down 6.1% against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on August 11th. Constellation has a total market cap of $60.10 million and approximately $1.30 million worth of Constellation was traded on exchanges in the last day. One Constellation coin can now be purchased for $0.0209 or 0.00000036 BTC on exchanges. In the last seven days, Constellation has traded down 10.7% against the U.S. dollar.

Here’s how related 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 0.6% against the dollar and now trades at $0.0127 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 6% against the dollar and now trades at $0.0566 or 0.00000096 BTC.

About Constellation

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 website for Constellation is www.constellationnetwork.io. 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 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 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.”

Constellation Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Constellation directly using U.S. dollars. Investors seeking to trade Constellation should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini 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