Powerledger Market Cap Tops $127.86 Million (POWR)

Powerledger (POWR) traded 6.2% lower against the US dollar during the 24 hour period ending at 7:00 AM Eastern on May 24th. One Powerledger coin can currently be purchased for about $0.26 or 0.00000897 BTC on exchanges. Powerledger has a market capitalization of $127.86 million and approximately $69.68 million worth of Powerledger was traded on exchanges in the last day. During the last week, Powerledger has traded up 4.2% against the US dollar.

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

  • BITCOIN ADDITIONAL (BTCA) traded 3.9% lower against the dollar and now trades at $29,353.30 or 0.99968028 BTC.
  • Binance USD (BUSD) traded up 0.1% against the dollar and now trades at $1.00 or 0.00003409 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003406 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded down 7.6% against the dollar and now trades at $0.64 or 0.00002181 BTC.
  • yOUcash (YOUC) traded down 0% against the dollar and now trades at $0.50 or 0.00001704 BTC.

Powerledger Coin Profile

Powerledger is a coin. It launched on July 5th, 2017. Powerledger’s total supply is 999,506,123 coins and its circulating supply is 485,339,140 coins. The Reddit community for Powerledger is https://reddit.com/r/PowerLedger. Powerledger’s official Twitter account is @coingecko and its Facebook page is accessible here.

According to CryptoCompare, “Power Ledger is a decentralized energy exchange platform. It incorporates energy applications, such as a P2P energy trading application that allows businesses to host trading on the platform. This technology enables the sale of surplus renewable energy generated at residential and commercial developments (including multi-unit/multi-tenanted) connected to existing electricity distribution networks, or within micro-grids. POWR is an Ethereum-based token that fuels the Power Ledger Ecosystem. POWR tokens serve as access permission tokens, allowing the Application Hosts and their consumers to gain access to the P2P trading features and other Power Ledger applications. To synchronize the ecosystem globally and create cross-market electricity compatibility, a second token, Sparkz, is used in Power Ledger's ecosystem transactions. Applications Hosts may convert their POWR tokens to Sparks when the ecosystem has been accessed.         “

Buying and Selling Powerledger

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

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