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TürkçeConstellation Information
Constellation is revolutionizing data management with its innovative blockchain technology, which allows for seamless integration and scalability. By focusing on real-world applications, it enables businesses to harness the power of decentralized networks while ensuring security and efficiency. This forward-thinking approach positions Constellation as a significant player in the evolving landscape of cryptocurrency and data solutions.
Understanding Constellation: A Comprehensive Overview
Constellation (DAG) is a cryptocurrency that aims to offer a unique approach to blockchain technology. At its core, Constellation attempts to solve scalability issues that plague many other blockchain networks. Launched to facilitate efficient data transfer for emerging technologies such as IoT, this digital asset garners interest due to its innovative technology and potential applications across various sectors.
Features of Constellation
One of the most significant features of Constellation is its Directed Acyclic Graph (DAG) architecture, which allows for transactions to be processed in a highly parallelized manner. This stands in contrast to traditional blockchain systems that rely on linear transaction validation, thereby limiting scalability. Constellation's platform enables developers to build decentralized applications (dApps) that can benefit from fast transaction speeds and lower costs.
Moreover, Constellation has formed various partnerships with industry leaders, highlighting its commitment to real-world applicability. This includes collaborations focused on data security, performance analytics, and IoT solutions, which showcase the coin’s versatility and capability to integrate into different technology stacks.
Past Performance of Constellation
Since its inception, Constellation has experienced significant price volatility. Its all-time high (ATH) of $0.4517 was reached on August 25, 2021, which marked a period of substantial interest and investment in the altcoin sector. However, the price has since seen a drastic drop, with current trading values around $0.0265 as of late October 2024. The coin has suffered from a ROI of nearly -85%, which serves as a stark reminder of the unpredictable nature of cryptocurrency markets.
On the positive side, the coin has rebounded from an all-time low (ATL) of $0.0011 in March 2019, showing a remarkable increase of over 2300%. This impressive leap highlights the potential for recovery in the cryptocurrency space, albeit with a fair amount of risk.
Advantages of Constellation
Constellation brings several advantages that make it appealing to both developers and investors:
- Scalability: Thanks to its DAG architecture, Constellation can process a high volume of transactions without the common bottlenecks seen in traditional blockchains.
- Cost-Effective: Transaction fees are typically lower than those on more congested networks, making it economically attractive for users.
- Robust Ecosystem: Through partnerships and its versatile utility, Constellation is positioning itself well within the rapidly evolving landscape of decentralized technologies.
Challenges and Risks Facing Constellation
Despite the positives, Constellation is not without risks:
- Market Volatility: The cryptocurrency market is notoriously volatile, and Constellation is no exception. Investors should be prepared for significant price fluctuations.
- Adoption Rates: The ultimate success of any cryptocurrency hinges on its adoption. If developers and companies do not see the value of building on Constellation's platform, it may struggle to gain market traction.
- Regulatory Issues: Like all cryptocurrencies, Constellation faces the risk of regulatory scrutiny, which could impact its usability and growth potential.
Future Outlook for Constellation
Looking ahead, the future of Constellation hangs in a delicate balance. Factors such as technological advancements, market conditions, and broader cryptocurrency adoption will all play critical roles in the coin’s development. If the team continues to innovate and expand its partnerships, Constellation may unlock new avenues for growth.
Ultimately, potential investors should weigh the advantages against the risks and conduct thorough research before diving into the Constellation ecosystem. For those willing to navigate the uncertainties of the cryptocurrency market, Constellation could serve as an interesting addition to their portfolio.
Conclusion
Constellation has carved out a niche in the blockchain space thanks to its innovative technology and aspirations for scalability. While its path has not been without obstacles, its potential for growth and real-world application makes it a coin to watch in the coming years. As always, staying informed and assessing the evolving landscape will be key for anyone considering investment in this altcoin.
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from price
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General Information |
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Title
Constellation
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Symbol
dag
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Whitepaper
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Website
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Community
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.07538
$
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High 24h
0.075335
$
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Low 24h
0.060844
$
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Price Change 24h
0.0067765
$
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Price Change % 24h
9.87782
%
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Market Data |
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Market Cap
268653973
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Total Volume
3940133
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Market Cap Change 24h
26549571
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Market Cap Change % 24h
10.96617
%
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Return on Investment (ROI)
-65.945808138459
%
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Supply and Availability |
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Circulating Supply
3549997434.9741
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Total Supply
3550000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.451761
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ATH Change %
-83.35544
%
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ATH Date
2021-08-25 23:30
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All Time Low (ATL)
0.00110189
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ATL Change %
6724.05949
%
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ATL Date
2019-03-09 00:00
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