Harmony (ONE) Price Hits $0.0041 on Exchanges

Harmony (ONE) traded down 2.7% against the US dollar during the 1 day period ending at 10:00 AM Eastern on January 16th. Over the last week, Harmony has traded down 0.3% against the US dollar. One Harmony coin can now be bought for about $0.0041 or 0.00000004 BTC on exchanges. Harmony has a market cap of $60.30 million and $4.34 million worth of Harmony was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 0.9% against the dollar and now trades at $95,255.28 or 1.00000829 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Harmony Profile

Harmony (ONE) uses the hashing algorithm. Its genesis date was April 16th, 2018. Harmony’s total supply is 14,822,618,611 coins. Harmony’s official website is www.harmony.one. Harmony’s official Twitter account is @harmonyprotocol and its Facebook page is accessible here. Harmony’s official message board is medium.com/harmony-one. The Reddit community for Harmony is https://reddit.com/r/harmony_one/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “Harmony provides a high-throughput, low-latency and low-fee consensus platform designed to power the decentralized economy of the future. It plans to address the issues faced in other blockchain ecosystems through the use of the best research and engineering practices in an optimally tuned system.The technical focus of the project is on resharding and secure staking with decentralized randomness. Harmony also implements optimal cross-shard routing and fast block propagation.Effective Proof-of-Stake (EPoS) is a staking mechanism in a sharded blockchain that achieves both security and decentralization. EPoS allows staking from hundreds of validators and the unique effective stake mechanism reduces the tendency of stake centralization. Unlike proof-of-work (PoW) consensus mechanisms, EPoS is designed for faster processing times and improved scalability. While PoW requires a lot of electrical and computing power, staking consensus methods rely on an abundance of value holders, who become validators. To ensure the protection of nodes and secure the validation process, Harmony introduced the Verifiable Random Function (VRF) for unbiased and unpredictable shard membership. This means that nodes and validators are assigned and re-assigned in a randomized manner.”

Harmony Coin Trading

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

ONE/USD price chart by TradingView