Cosmos Market Cap Hits $1.45 Billion (ATOM)

Cosmos (ATOM) traded down 0.9% against the US dollar during the one day period ending at 8:00 AM E.T. on September 8th. Cosmos has a market cap of $1.45 billion and $113.70 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be purchased for $3.72 or 0.00006817 BTC on popular cryptocurrency exchanges. During the last seven days, Cosmos has traded down 17.5% against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 6.7% against the dollar and now trades at $23.08 or 0.00042309 BTC.
• NEAR Protocol (NEAR) traded 2.7% higher against the dollar and now trades at $3.74 or 0.00006852 BTC.
• Internet Computer (ICP) traded up 3.6% against the dollar and now trades at $7.35 or 0.00013473 BTC.
• Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.0773 or 0.00000142 BTC.
• Hedera (HBAR) traded 3.2% higher against the dollar and now trades at $0.0496 or 0.00000091 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $1.09 or 0.00002002 BTC.
• Algorand (ALGO) traded up 3.8% against the dollar and now trades at $0.13 or 0.00000231 BTC.
• Akash Network (AKT) traded 1.6% higher against the dollar and now trades at $2.30 or 0.00004212 BTC.
• Theta Fuel (TFUEL) traded 1.7% higher against the dollar and now trades at $0.0542 or 0.00000099 BTC.
• Kava (KAVA) traded 1.8% higher against the dollar and now trades at $0.29 or 0.00000527 BTC.

Cosmos Coin Profile

Cosmos 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 official message board for Cosmos is blog.cosmos.network. Cosmos’ official website is 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 US dollars. Investors seeking to trade Cosmos should first purchase 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 purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView