Blocknet (BLOCK) Reaches Market Cap of $162.13 Million

Blocknet (CURRENCY:BLOCK) traded up 18.7% against the U.S. dollar during the 1-day period ending at 13:00 PM ET on February 12th. During the last seven days, Blocknet has traded up 33.3% against the U.S. dollar. Blocknet has a total market capitalization of $162.13 million and $762,491.00 worth of Blocknet was traded on exchanges in the last day. One Blocknet coin can now be purchased for about $32.35 or 0.00371174 BTC on exchanges including CryptoBridge, Upbit and Bittrex.

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

  • NAV Coin (NAV) traded up 4.3% against the dollar and now trades at $1.91 or 0.00021961 BTC.
  • WhiteCoin (XWC) traded 1.7% higher against the dollar and now trades at $0.14 or 0.00001580 BTC.
  • Energycoin (ENRG) traded up 6.2% against the dollar and now trades at $0.16 or 0.00001779 BTC.
  • HyperStake (HYP) traded 4.3% higher against the dollar and now trades at $0.0074 or 0.00000084 BTC.
  • Breakout Stake (BRX) traded up 6% against the dollar and now trades at $1.11 or 0.00012729 BTC.
  • TransferCoin (TX) traded 5.1% higher against the dollar and now trades at $1.08 or 0.00012375 BTC.

Blocknet Coin Profile

BLOCK is a PoW/PoS coin that uses the Proof of Stake hashing algorithm. Its genesis date was October 21st, 2014. Blocknet’s total supply is 5,011,690 coins. Blocknet’s official Twitter account is @The_Blocknet and its Facebook page is accessible here. The Reddit community for Blocknet is /r/theblocknet and the currency’s Github account can be viewed here. Blocknet’s official website is blocknet.co.

According to CryptoCompare, “The Blocknet is founded on the XBridge, the first peer-to-peer protocol enabling communication between nodes on different blockchains. It is open source and is implemented in every Blocknet-enabled app. It is what connects an open-ended array of services – either decentralized or centralized – to one another. “

Blocknet Coin Trading

Blocknet can be traded on these cryptocurrency exchanges: CryptoBridge, Bittrex and Upbit. It is not presently possible to buy Blocknet directly using U.S. dollars. Investors seeking to trade Blocknet must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Blocknet using one of the aforementioned exchanges.

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