Cosmos Trading 7.8% Higher Over Last Week (ATOM)

Cosmos (ATOM) traded 2.1% higher against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on August 12th. Cosmos has a total market cap of $1.97 billion and approximately $98.33 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be bought for approximately $5.03 or 0.00008550 BTC on exchanges. In the last week, Cosmos has traded 7.8% higher against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 2.2% against the dollar and now trades at $21.03 or 0.00035728 BTC.
• NEAR Protocol (NEAR) traded up 3.5% against the dollar and now trades at $4.00 or 0.00006803 BTC.
• Internet Computer (ICP) traded 4.7% higher against the dollar and now trades at $7.19 or 0.00012221 BTC.
• Cronos (CRO) traded down 1% against the dollar and now trades at $0.0874 or 0.00000148 BTC.
• Hedera (HBAR) traded 0% lower against the dollar and now trades at $0.0531 or 0.00000090 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Fetch.ai (FET) traded up 3.9% against the dollar and now trades at $0.85 or 0.00001446 BTC.
• Akash Network (AKT) traded 0.1% lower against the dollar and now trades at $2.60 or 0.00004389 BTC.
• Theta Fuel (TFUEL) traded up 1.1% against the dollar and now trades at $0.0554 or 0.00000094 BTC.
• Kava (KAVA) traded 2.2% higher against the dollar and now trades at $0.32 or 0.00000550 BTC.

Cosmos Coin Profile

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website is cosmos.network.

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 currently possible to purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView