Cosmos (ATOM) Price Reaches $4.00 on Exchanges

Cosmos (ATOM) traded down 3.8% against the US dollar during the 24 hour period ending at 7:00 AM ET on November 3rd. One Cosmos coin can now be purchased for approximately $4.00 or 0.00005848 BTC on exchanges. Over the last seven days, Cosmos has traded 7.8% lower against the US dollar. Cosmos has a market cap of $1.56 billion and approximately $76.81 million worth of Cosmos was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 5.8% against the dollar and now trades at $23.24 or 0.00034020 BTC.
• NEAR Protocol (NEAR) traded down 6.2% against the dollar and now trades at $3.68 or 0.00005384 BTC.
• Internet Computer (ICP) traded 8.5% lower against the dollar and now trades at $7.17 or 0.00010499 BTC.
• Fetch.ai (FET) traded down 3.7% against the dollar and now trades at $1.16 or 0.00001694 BTC.
• Cronos (CRO) traded down 2% against the dollar and now trades at $0.0717 or 0.00000105 BTC.
• Hedera (HBAR) traded 5.9% lower against the dollar and now trades at $0.0429 or 0.00000063 BTC.
• Algorand (ALGO) traded 4.2% lower against the dollar and now trades at $0.11 or 0.00000162 BTC.
• Akash Network (AKT) traded down 0.7% against the dollar and now trades at $2.23 or 0.00003254 BTC.
• Theta Fuel (TFUEL) traded down 4.3% against the dollar and now trades at $0.0494 or 0.00000072 BTC.
• Kava (KAVA) traded down 5.3% against the dollar and now trades at $0.30 or 0.00000445 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official website is cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. 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 purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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