Constellation Self Reported Market Cap Tops $193.91 Million (DAG)

Constellation (DAG) traded 9.2% lower against the US dollar during the one day period ending at 12:00 PM Eastern on December 16th. Constellation has a total market capitalization of $193.91 million and approximately $2.57 million worth of Constellation was traded on exchanges in the last 24 hours. One Constellation coin can now be purchased for $0.0675 or 0.00000063 BTC on popular cryptocurrency exchanges. During the last week, Constellation has traded down 13% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 3.5% against the dollar and now trades at $106,238.25 or 0.99379570 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% higher against the dollar and now trades at $105,758.64 or 0.98930922 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Constellation Profile

Constellation’s genesis date was January 1st, 2018. Constellation’s total supply is 3,003,804,388 coins and its circulating supply is 2,873,448,318 coins. Constellation’s official Twitter account is @conste11ation and its Facebook page is accessible here. The Reddit community for Constellation is https://reddit.com/r/constellation and the currency’s Github account can be viewed here. The official website for Constellation is www.constellationnetwork.io. Constellation’s official message board is medium.com/constellationlabs.

According to CryptoCompare, “Constellation is a protocol that employs a directed acyclic graph (DAG) architecture to achieve consensus theoretically capable of infinite scalability. Launched in 2017, Constellation’s goal is to enable secure big data processing and allow connection to external datasets through APIs. Its approach involves a serverless architecture to address common blockchain problems such as scalability and centralization. The DAG protocol, complemented by custom state channels, is designed to evolve smart contracts by integrating data sources into distributed ledger technology (DLT)​​. Constellation’s unique mission is to process big data with high scalability, easy integration, low transaction fees, and robust security. Its consensus model, proof-of-meme (PoM), rewards and selects nodes based on reputation. Its smart contracts run on a Java Virtual Machine (JVM), offering functionalities akin to Ethereum’s smart contracts but with more complex logic.”

Buying and Selling Constellation

It is usually not 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, Coinbase or Gemini. 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