Cosmos (ATOM) Trading 4.6% Higher Over Last Week

Cosmos (ATOM) traded down 1.3% against the U.S. dollar during the 1-day period ending at 16:00 PM ET on May 4th. Over the last week, Cosmos has traded 4.6% higher against the U.S. dollar. Cosmos has a market cap of $3.42 billion and $94.13 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be purchased for $8.76 or 0.00013683 BTC on major exchanges.

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

• Avalanche (AVAX) traded 5.2% higher against the dollar and now trades at $37.58 or 0.00058709 BTC.
• NEAR Protocol (NEAR) traded up 0% against the dollar and now trades at $6.89 or 0.00010759 BTC.
• Internet Computer (ICP) traded 3.6% lower against the dollar and now trades at $13.34 or 0.00020836 BTC.
• Hedera (HBAR) traded down 4.7% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Fetch.ai (FET) traded 0.8% higher against the dollar and now trades at $2.19 or 0.00003425 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.20 or 0.00000306 BTC.
• Akash Network (AKT) traded up 1.5% against the dollar and now trades at $4.33 or 0.00006764 BTC.
• Kava (KAVA) traded up 0.2% against the dollar and now trades at $0.69 or 0.00001076 BTC.
• Theta Fuel (TFUEL) traded 5.3% higher against the dollar and now trades at $0.11 or 0.00000174 BTC.

Cosmos Profile

Cosmos (ATOM) uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The official website for Cosmos is cosmos.network. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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