Umee (UMEE) Trading Down 11.5% Over Last 7 Days

Umee (UMEE) traded 4.3% higher against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on August 7th. One Umee token can now be purchased for approximately $0.0010 or 0.00000002 BTC on major cryptocurrency exchanges. During the last seven days, Umee has traded 11.5% lower against the dollar. Umee has a total market capitalization of $4.52 million and $126,504.85 worth of Umee was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 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.
• Lumi Credits (LUMI) traded 1.5% higher against the dollar and now trades at $0.0122 or 0.00000022 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 14.7% lower against the dollar and now trades at $0.0568 or 0.00000102 BTC.

Umee Profile

Umee’s launch date was February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. Umee’s official message board is medium.com/umeeblog. Umee’s official website is www.ux.xyz. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Buying and Selling Umee

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

UMEE/USD price chart by TradingView