Cosmos (ATOM) Market Capitalization Achieves $1.69 Billion

Cosmos (ATOM) traded down 1.3% against the US dollar during the 1 day period ending at 12:00 PM E.T. on October 28th. In the last week, Cosmos has traded 10.9% lower against the US dollar. One Cosmos coin can now be bought for approximately $4.33 or 0.00006315 BTC on major exchanges. Cosmos has a market capitalization of $1.69 billion and $83.42 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $25.64 or 0.00037368 BTC.
• NEAR Protocol (NEAR) traded 3% lower against the dollar and now trades at $4.15 or 0.00006046 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $7.70 or 0.00011225 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0735 or 0.00000107 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.0480 or 0.00000070 BTC.
• Fetch.ai (FET) traded down 3% against the dollar and now trades at $1.22 or 0.00001771 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Akash Network (AKT) traded down 2.4% against the dollar and now trades at $2.21 or 0.00003222 BTC.
• Theta Fuel (TFUEL) traded down 3.6% against the dollar and now trades at $0.0535 or 0.00000078 BTC.
• Kava (KAVA) traded 3.7% lower against the dollar and now trades at $0.32 or 0.00000461 BTC.

Cosmos Coin Profile

Cosmos (ATOM) uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official message board is blog.cosmos.network. 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.

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.”

Cosmos Coin Trading

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

ATOM/USD price chart by TradingView