Cosmos (ATOM) Hits Market Cap of $3.17 Billion

Cosmos (ATOM) traded 0.4% higher against the dollar during the 1-day period ending at 22:00 PM ET on April 16th. One Cosmos coin can now be purchased for approximately $8.10 or 0.00012666 BTC on major exchanges. In the last seven days, Cosmos has traded 24.8% lower against the dollar. Cosmos has a market capitalization of $3.17 billion and approximately $248.78 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 0.8% lower against the dollar and now trades at $34.43 or 0.00053822 BTC.
• NEAR Protocol (NEAR) traded 4.3% higher against the dollar and now trades at $5.36 or 0.00008387 BTC.
• Internet Computer (ICP) traded down 0.5% against the dollar and now trades at $12.15 or 0.00019000 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.0790 or 0.00000124 BTC.
• Fetch.ai (FET) traded up 0.5% against the dollar and now trades at $2.04 or 0.00003189 BTC.
• Algorand (ALGO) traded 1.2% higher against the dollar and now trades at $0.17 or 0.00000270 BTC.
• Akash Network (AKT) traded 12.2% higher against the dollar and now trades at $4.00 or 0.00006256 BTC.
• Kava (KAVA) traded 0.6% higher against the dollar and now trades at $0.64 or 0.00001001 BTC.
• Theta Fuel (TFUEL) traded down 0.2% against the dollar and now trades at $0.0848 or 0.00000133 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The official website for Cosmos is cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official message board is blog.cosmos.network. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here.

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 purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView