Ontology Reaches Self Reported Market Cap of $60.97 Million (ONT)

Ontology (ONT) traded down 4.8% against the U.S. dollar during the 24-hour period ending at 8:00 AM E.T. on December 31st. One Ontology coin can currently be bought for approximately $0.0663 or 0.00000075 BTC on major exchanges. Over the last seven days, Ontology has traded up 24.8% against the U.S. dollar. Ontology has a total market capitalization of $60.97 million and $29.05 million worth of Ontology was traded on exchanges in the last day.

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

• Ethereum (ETH) traded 0.4% higher against the dollar and now trades at $2,985.81 or 0.03365310 BTC.
• Cardano (ADA) traded down 0.8% against the dollar and now trades at $0.35 or 0.00000394 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.0915 or 0.00000103 BTC.
• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $12.53 or 0.00014120 BTC.
• Hedera (HBAR) traded 2.1% lower against the dollar and now trades at $0.11 or 0.00000123 BTC.
• Uniswap (UNI) traded 1.6% lower against the dollar and now trades at $5.88 or 0.00006627 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $1.51 or 0.00001701 BTC.
• Internet Computer (ICP) traded down 4.2% against the dollar and now trades at $2.80 or 0.00003151 BTC.
• Algorand (ALGO) traded down 3.5% against the dollar and now trades at $0.11 or 0.00000126 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $1.96 or 0.00002205 BTC.

Ontology Profile

Ontology is a proof-of-stake (PoS) coin that uses the VBFT hashing algorithm. Its genesis date was November 27th, 2017. Ontology’s total supply is 1,000,000,000 coins and its circulating supply is 919,064,523 coins. The Reddit community for Ontology is https://reddit.com/r/ontologynetwork and the currency’s Github account can be viewed here. Ontology’s official Twitter account is @ontologynetwork and its Facebook page is accessible here. The official website for Ontology is ont.io. The official message board for Ontology is medium.com/ontologynetwork.

According to CryptoCompare, “Ontology is a public infrastructure chain project and distributed trust collaboration platform. Its blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. The blockchain/distributed ledger network combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, smart contract system support, and various industry-specific modules.Previously a NEO-based token, the ONT has now launched his mainnet. It will serve as the utility token within the platform.”

Buying and Selling Ontology

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

ONT/USD price chart by TradingView