Umee Self Reported Market Capitalization Tops $12.57 Million (UMEE)

Umee (UMEE) traded 0.4% lower against the US dollar during the twenty-four hour period ending at 20:00 PM ET on May 7th. Umee has a market cap of $12.57 million and $135,680.70 worth of Umee was traded on exchanges in the last 24 hours. Over the last week, Umee has traded 4.8% lower against the US dollar. One Umee token can currently be purchased for approximately $0.0028 or 0.00000005 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 1% against the dollar and now trades at $0.30 or 0.00000481 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.8% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Umee

Umee was first traded on February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. Umee’s official message board is medium.com/umeeblog. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. Umee’s official website is www.ux.xyz. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Buying and Selling Umee

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

UMEE/USD price chart by TradingView