Harmony (ONE) Market Capitalization Achieves $11.47 Million

Harmony (ONE) traded 37.9% lower against the US dollar during the 1-day period ending at 9:00 AM Eastern on August 12th. One Harmony coin can currently be purchased for about $0.0008 or 0.00000001 BTC on major exchanges. Over the last week, Harmony has traded down 37.5% against the US dollar. Harmony has a market capitalization of $11.47 million and $61.14 million worth of Harmony was traded on exchanges in the last day.

Here is 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded down 0% against the dollar and now trades at $1.00 or 0.00001562 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $63,817.81 or 0.99693742 BTC.

Harmony Coin Profile

Harmony (ONE) uses the hashing algorithm. Its genesis date was April 16th, 2018. Harmony’s total supply is 15,010,501,863 coins. The official website for Harmony is www.harmony.one. Harmony’s official message board is medium.com/harmony-one. Harmony’s official Twitter account is @harmonyprotocol and its Facebook page is accessible here. 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. Telegram, Discord, Facebook, Instagram, YouTube, LinkedIn, GitHub, RedditWhitepaper”

Buying and Selling Harmony

It is usually not currently possible to buy alternative cryptocurrencies such as Harmony directly using U.S. dollars. Investors seeking to acquire Harmony should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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