UMA (UMA) Reaches Market Capitalization of $164.34 Million

UMA (UMA) traded up 17.9% against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on August 6th. Over the last week, UMA has traded 18.4% lower against the U.S. dollar. One UMA token can now be purchased for about $1.99 or 0.00003543 BTC on popular exchanges. UMA has a total market capitalization of $164.34 million and approximately $45.27 million worth of UMA was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• Lumi Credits (LUMI) traded 2.1% higher against the dollar and now trades at $0.0121 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 8.2% higher against the dollar and now trades at $0.0678 or 0.00000121 BTC.

UMA Token Profile

UMA was first traded on January 9th, 2020. UMA’s total supply is 120,460,758 tokens and its circulating supply is 82,447,100 tokens. UMA’s official message board is medium.com/uma-project. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. UMA’s official website is umaproject.org.

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.”

Buying and Selling UMA

It is usually not 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 Changelly, Gemini 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