UMA Price Reaches $2.51 (UMA)

UMA (UMA) traded down 3.1% against the US dollar during the 24 hour period ending at 12:00 PM ET on January 21st. One UMA token can now be bought for about $2.51 or 0.00002378 BTC on popular exchanges. During the last seven days, UMA has traded up 2.9% against the US dollar. UMA has a market capitalization of $211.86 million and $30.39 million worth of UMA was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• 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 up 0.1% against the dollar and now trades at $105,028.12 or 0.99556126 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% lower against the dollar and now trades at $104,039.63 or 0.98619136 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Profile

UMA’s genesis date was January 9th, 2020. UMA’s total supply is 122,977,214 tokens and its circulating supply is 84,440,392 tokens. The official website for UMA is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. UMA’s official message board is medium.com/uma-project.

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 U.S. dollars. Investors seeking to acquire UMA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase UMA using one of the exchanges listed above.

UMA/USD price chart by TradingView