Harmony (ONE) Market Cap Hits $181.80 Million

Harmony (ONE) traded down 1.8% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on November 24th. In the last seven days, Harmony has traded up 0.8% against the dollar. One Harmony coin can now be purchased for about $0.0142 or 0.00000086 BTC on major cryptocurrency exchanges. Harmony has a total market cap of $181.80 million and approximately $8.52 million worth of Harmony was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 16.7% lower against the dollar and now trades at $0.35 or 0.00002116 BTC.
  • Aidi Finance (BSC) (AIDI) traded 8.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 1.6% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 6.5% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • Terra (LUNA) traded 0.6% lower against the dollar and now trades at $1.56 or 0.00009427 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded 1.6% higher against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.

About Harmony

Harmony (ONE) uses the hashing algorithm. Its genesis date was April 16th, 2018. Harmony’s total supply is 13,687,068,019 coins and its circulating supply is 12,799,025,019 coins. Harmony’s official message board is medium.com/harmony-one. Harmony’s official Twitter account is @harmonyprotocol and its Facebook page is accessible here. Harmony’s official website is www.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.”

Buying and Selling Harmony

It is usually not presently 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Harmony using one of the aforementioned exchanges.

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