Cosmos Trading Down 18.1% Over Last 7 Days (ATOM)

Cosmos (ATOM) traded 2% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on August 6th. One Cosmos coin can currently be purchased for $4.93 or 0.00008699 BTC on cryptocurrency exchanges. Over the last seven days, Cosmos has traded 18.1% lower against the U.S. dollar. Cosmos has a total market cap of $1.93 billion and $102.78 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 3.4% against the dollar and now trades at $21.17 or 0.00037337 BTC.
• NEAR Protocol (NEAR) traded up 1.8% against the dollar and now trades at $3.77 or 0.00006659 BTC.
• Internet Computer (ICP) traded 3.4% higher against the dollar and now trades at $7.65 or 0.00013489 BTC.
• Cronos (CRO) traded 5.3% higher against the dollar and now trades at $0.0811 or 0.00000143 BTC.
• Hedera (HBAR) traded up 1.8% against the dollar and now trades at $0.0558 or 0.00000098 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000202 BTC.
• Fetch.ai (FET) traded 4.1% higher against the dollar and now trades at $0.87 or 0.00001541 BTC.
• Akash Network (AKT) traded up 18% against the dollar and now trades at $2.48 or 0.00004405 BTC.
• Theta Fuel (TFUEL) traded up 3.7% against the dollar and now trades at $0.0554 or 0.00000098 BTC.
• Kava (KAVA) traded up 3.7% against the dollar and now trades at $0.31 or 0.00000540 BTC.

About Cosmos

Cosmos (ATOM) uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. Cosmos’ official website 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 message board is blog.cosmos.network. 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.”

Buying and Selling Cosmos

It is usually not possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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