Magnet Reaches 24-Hour Volume of $8.00 (MAG)

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Magnet (CURRENCY:MAG) traded 26.9% lower against the U.S. dollar during the 1-day period ending at 18:00 PM E.T. on May 20th. Magnet has a market cap of $250,366.00 and approximately $8.00 worth of Magnet was traded on exchanges in the last day. One Magnet coin can currently be bought for about $0.0062 or 0.00000078 BTC on major cryptocurrency exchanges including CoinExchange, Cryptopia, CryptoBridge and BiteBTC. Over the last seven days, Magnet has traded up 55.6% against the U.S. dollar.

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

  • Tao (XTO) traded flat against the dollar and now trades at $0.22 or 0.00005602 BTC.
  • Syndicate (SYNX) traded down 2.8% against the dollar and now trades at $0.0200 or 0.00000251 BTC.
  • Capricoin (CPC) traded 8.6% lower against the dollar and now trades at $0.29 or 0.00003609 BTC.
  • IslaCoin (ISL) traded flat against the dollar and now trades at $0.17 or 0.00002159 BTC.
  • Monkey Project (MONK) traded 15.5% lower against the dollar and now trades at $0.0393 or 0.00000494 BTC.
  • Piggycoin (PIGGY) traded flat against the dollar and now trades at $0.0004 or 0.00000008 BTC.
  • Virtacoinplus (XVP) traded flat against the dollar and now trades at $0.0139 or 0.00000145 BTC.
  • TrustPlus (TRUST) traded flat against the dollar and now trades at $0.0039 or 0.00000060 BTC.
  • Evil Coin (EVIL) traded flat against the dollar and now trades at $0.0033 or 0.00000042 BTC.
  • Regalcoin (REC) traded 13.5% lower against the dollar and now trades at $0.0054 or 0.00000068 BTC.

Magnet Profile

Magnet (CRYPTO:MAG) is a PoW/PoS coin that uses the
X11 hashing algorithm. Its genesis date was November 14th, 2017. Magnet’s total supply is 40,542,939 coins and its circulating supply is 40,292,939 coins. The Reddit community for Magnet is /r/magnetwork_io and the currency’s Github account can be viewed here. Magnet’s official website is magnetwork.io. Magnet’s official Twitter account is @magnetwork_io.

Buying and Selling Magnet

Magnet can be purchased on these cryptocurrency exchanges: CryptoBridge, BiteBTC, Cryptopia and CoinExchange. It is usually not possible to purchase alternative cryptocurrencies such as Magnet directly using U.S. dollars. Investors seeking to trade Magnet should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Magnet using one of the aforementioned exchanges.

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