Cosmos (ATOM) Reaches Market Cap of $1.94 Billion

Cosmos (ATOM) traded 4.4% lower against the dollar during the twenty-four hour period ending at 10:00 AM E.T. on November 14th. During the last seven days, Cosmos has traded 10.3% higher against the dollar. Cosmos has a market cap of $1.94 billion and approximately $287.47 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be purchased for $4.97 or 0.00005571 BTC on popular exchanges.

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

• Avalanche (AVAX) traded 6.6% lower against the dollar and now trades at $31.95 or 0.00035840 BTC.
• NEAR Protocol (NEAR) traded down 3.1% against the dollar and now trades at $5.25 or 0.00005889 BTC.
• Cronos (CRO) traded 9% lower against the dollar and now trades at $0.16 or 0.00000175 BTC.
• Internet Computer (ICP) traded 5.2% lower against the dollar and now trades at $8.19 or 0.00009187 BTC.
• Fetch.ai (FET) traded 6.5% lower against the dollar and now trades at $1.26 or 0.00001414 BTC.
• Hedera (HBAR) traded 1% higher against the dollar and now trades at $0.0610 or 0.00000068 BTC.
• Algorand (ALGO) traded 4% lower against the dollar and now trades at $0.14 or 0.00000162 BTC.
• Akash Network (AKT) traded 7% lower against the dollar and now trades at $3.06 or 0.00003349 BTC.
• Kava (KAVA) traded down 5.5% against the dollar and now trades at $0.38 or 0.00000428 BTC.
• Theta Fuel (TFUEL) traded down 7.6% against the dollar and now trades at $0.0557 or 0.00000062 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. The official website for Cosmos is cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official message board for Cosmos is blog.cosmos.network.

According to CryptoCompare, “ATOM is the native cryptocurrency of the Cosmos Network. It is used to pay for transaction and network fees, as well as for staking to secure the network and earning rewards. ATOM tokens are used to create incentives and rewards for validators and delegators, allowing them to earn rewards for participating in consensus and safeguarding the network. ATOM tokens are also used to vote on governance proposals, allowing users to have a say in the direction of the network.”

Cosmos Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView