Obsidian Achieves Market Cap of $3.60 Million (ODN)

Obsidian (CURRENCY:ODN) traded 17.8% lower against the U.S. dollar during the 24 hour period ending at 23:00 PM ET on March 14th. During the last seven days, Obsidian has traded down 5.7% against the U.S. dollar. One Obsidian coin can now be purchased for about $0.14 or 0.00001833 BTC on popular exchanges including Cryptopia, C-CEX and HitBTC. Obsidian has a market capitalization of $3.60 million and $29,472.00 worth of Obsidian was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Cardano (ADA) traded down 22.7% against the dollar and now trades at $0.18 or 0.00002257 BTC.
  • OmiseGO (OMG) traded 20.9% lower against the dollar and now trades at $10.81 or 0.00137482 BTC.
  • Qtum (QTUM) traded 20.7% lower against the dollar and now trades at $14.66 or 0.00186403 BTC.
  • BitShares (BTS) traded down 18.9% against the dollar and now trades at $0.13 or 0.00001710 BTC.
  • Ardor (ARDR) traded 26.9% lower against the dollar and now trades at $0.26 or 0.00003361 BTC.
  • Particl (PART) traded 23.9% lower against the dollar and now trades at $13.37 or 0.00170022 BTC.
  • Raiden Network Token (RDN) traded down 14.6% against the dollar and now trades at $1.62 or 0.00020557 BTC.
  • ION (ION) traded down 19.4% against the dollar and now trades at $2.49 or 0.00031655 BTC.
  • BitBay (BAY) traded down 18.7% against the dollar and now trades at $0.0462 or 0.00000586 BTC.
  • Rise (RISE) traded down 7.4% against the dollar and now trades at $0.34 or 0.00004347 BTC.

Obsidian Profile

Obsidian is a proof-of-stake (PoS) coin that uses the SHA-512 hashing algorithm. Its genesis date was August 24th, 2017. Obsidian’s total supply is 94,343,206 coins and its circulating supply is 25,000,000 coins. Obsidian’s official website is obsidianplatform.com. The Reddit community for Obsidian is /r/ObsidianProject and the currency’s Github account can be viewed here. Obsidian’s official Twitter account is @ObsidianCrypto.

According to CryptoCompare, “Obsidian is a PoS cryptocurrency for popular use. It uses the more energy efficient SHA-512 hash algorithm to optimize for use on mobile devices and improved quantum computing resilience. ODN uses the proof-of-stake consensus strategy and pays a block reward of 20 ODN, which is equivalent to an interest rate of about 10%. In addition, Obsidian is the currency that powers to future Obsidian Secure Anonymous Messenger economy. The Obsidian Secure Anonymous Messenger allows for sending end-to-end encrypted messages, media, and files and is optimized for anonymity of communication and metadata protection/avoidance and does not require any user accounts, phone number or personal email address which could identify its users. The message transport will be accomplished by a decentralized network of special messaging masternodes that can be run by anyone by simply installing the respective software. Running messaging masternodes will be rewarded in Obsidian currency, so that messenger users and messenger masternode hosters form an economy which is independent from any company or country and maintained only by the open source community. Obsidian has an active Slack community in English with channels in русский and 中文, which welcomes traders, entrepreneurs, developers and everyone interested in science and innovation to share knowledge and learn. According to the White Paper, the current circulating supply is 24.4M. “

Obsidian Coin Trading

Obsidian can be purchased on the following cryptocurrency exchanges: Cryptopia, C-CEX and HitBTC. It is not possible to buy Obsidian directly using US dollars. Investors seeking to trade Obsidian must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Obsidian using one of the exchanges listed above.

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