Powerledger Reaches Self Reported Market Cap of $39.63 Million (POWR)

Powerledger (POWR) traded down 4.3% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on December 15th. One Powerledger token can now be purchased for $0.0824 or 0.00000092 BTC on exchanges. Powerledger has a market capitalization of $39.63 million and $2.76 million worth of Powerledger was traded on exchanges in the last 24 hours. Over the last seven days, Powerledger has traded 7.7% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $89,444.00 or 1.00137053 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $88,567.83 or 0.99887750 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Powerledger Token Profile

Powerledger was first traded on September 8th, 2017. Powerledger’s total supply is 1,000,000,000 tokens and its circulating supply is 481,021,125 tokens. The official message board for Powerledger is medium.com/power-ledger. The Reddit community for Powerledger is https://reddit.com/r/powerledger. The official website for Powerledger is powerledger.io. Powerledger’s official Twitter account is @powerledger_io 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 presently possible to buy alternative cryptocurrencies such as Powerledger directly using U.S. dollars. Investors seeking to trade Powerledger should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Powerledger using one of the aforementioned exchanges.

POWR/USD price chart by TradingView