Cosmos Market Capitalization Achieves $1.73 Billion (ATOM)

Cosmos (ATOM) traded 3.7% lower against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on October 30th. Cosmos has a total market capitalization of $1.73 billion and $115.43 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be bought for about $4.43 or 0.00006169 BTC on popular exchanges. During the last week, Cosmos has traded down 4.3% against the US dollar.

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

• Avalanche (AVAX) traded down 3.2% against the dollar and now trades at $26.17 or 0.00036443 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $4.33 or 0.00006029 BTC.
• Internet Computer (ICP) traded 0.8% lower against the dollar and now trades at $8.05 or 0.00011203 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.30 or 0.00001805 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0754 or 0.00000105 BTC.
• Hedera (HBAR) traded 3.2% lower against the dollar and now trades at $0.0485 or 0.00000068 BTC.
• Algorand (ALGO) traded down 2.2% against the dollar and now trades at $0.12 or 0.00000169 BTC.
• Akash Network (AKT) traded 4.7% higher against the dollar and now trades at $2.51 or 0.00003485 BTC.
• Kava (KAVA) traded 1% higher against the dollar and now trades at $0.35 or 0.00000489 BTC.
• Theta Fuel (TFUEL) traded down 2.3% against the dollar and now trades at $0.0550 or 0.00000077 BTC.

About Cosmos

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

Buying and Selling Cosmos

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

ATOM/USD price chart by TradingView