Cosmos (ATOM) Reaches Market Capitalization of $2.48 Billion

Cosmos (ATOM) traded 0.3% higher against the dollar during the 24-hour period ending at 15:00 PM ET on July 22nd. One Cosmos coin can currently be purchased for approximately $6.35 or 0.00009407 BTC on cryptocurrency exchanges. Cosmos has a total market capitalization of $2.48 billion and $243.03 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last seven days, Cosmos has traded 0.5% higher against the dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded up 4.6% against the dollar and now trades at $32.02 or 0.00047427 BTC.
• NEAR Protocol (NEAR) traded 1.4% higher against the dollar and now trades at $6.15 or 0.00009102 BTC.
• Internet Computer (ICP) traded up 1.4% against the dollar and now trades at $10.40 or 0.00015403 BTC.
• Hedera (HBAR) traded up 0.1% against the dollar and now trades at $0.0718 or 0.00000106 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0936 or 0.00000139 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $1.41 or 0.00002081 BTC.
• Algorand (ALGO) traded down 0.3% against the dollar and now trades at $0.15 or 0.00000227 BTC.
• Akash Network (AKT) traded up 4.9% against the dollar and now trades at $3.63 or 0.00005392 BTC.
• Theta Fuel (TFUEL) traded down 0.9% against the dollar and now trades at $0.0717 or 0.00000106 BTC.
• Kava (KAVA) traded down 0.2% against the dollar and now trades at $0.42 or 0.00000619 BTC.

Cosmos Coin Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. 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. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase 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