Cosmos (ATOM) Trading 4.2% Lower Over Last 7 Days

Cosmos (ATOM) traded down 3.1% against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on July 31st. Over the last week, Cosmos has traded 4.2% lower against the U.S. dollar. One Cosmos coin can now be purchased for $5.95 or 0.00008956 BTC on cryptocurrency exchanges. Cosmos has a total market capitalization of $2.33 billion and $88.36 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 0.2% lower against the dollar and now trades at $26.64 or 0.00040113 BTC.
• NEAR Protocol (NEAR) traded 1.5% lower against the dollar and now trades at $5.14 or 0.00007746 BTC.
• Internet Computer (ICP) traded 0.6% higher against the dollar and now trades at $9.10 or 0.00013709 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.0891 or 0.00000134 BTC.
• Hedera (HBAR) traded down 0.9% against the dollar and now trades at $0.0659 or 0.00000099 BTC.
• Fetch.ai (FET) traded 2.3% lower against the dollar and now trades at $1.18 or 0.00001782 BTC.
• Algorand (ALGO) traded up 0.7% against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Akash Network (AKT) traded down 5.5% against the dollar and now trades at $2.94 or 0.00004438 BTC.
• Kava (KAVA) traded 1.6% lower against the dollar and now trades at $0.41 or 0.00000618 BTC.
• Theta Fuel (TFUEL) traded 2.9% lower against the dollar and now trades at $0.0652 or 0.00000098 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The official message board for Cosmos is blog.cosmos.network. The official website for Cosmos 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.”

Buying and Selling Cosmos

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

ATOM/USD price chart by TradingView