UMA Tops One Day Volume of $16.32 Million (UMA)

UMA (UMA) traded 1.6% lower against the dollar during the 24 hour period ending at 12:00 PM E.T. on January 29th. One UMA token can now be bought for about $2.09 or 0.00002049 BTC on major cryptocurrency exchanges. UMA has a market cap of $176.52 million and approximately $16.32 million worth of UMA was traded on exchanges in the last 24 hours. In the last week, UMA has traded down 16.1% against the dollar.

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

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $101,654.48 or 0.99777986 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.4% against the dollar and now trades at $101,527.20 or 0.99653055 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Profile

UMA launched on January 9th, 2020. UMA’s total supply is 123,084,075 tokens and its circulating supply is 84,547,253 tokens. The official message board for UMA is medium.com/uma-project. UMA’s official website is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

UMA Token Trading

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

UMA/USD price chart by TradingView