Cosmos (ATOM) Market Capitalization Achieves $1.88 Billion

Cosmos (ATOM) traded down 2.1% against the dollar during the twenty-four hour period ending at 20:00 PM E.T. on October 22nd. During the last seven days, Cosmos has traded 7.5% higher against the dollar. One Cosmos coin can now be purchased for approximately $4.80 or 0.00007117 BTC on popular cryptocurrency exchanges. Cosmos has a total market capitalization of $1.88 billion and $121.81 million worth of Cosmos was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $27.63 or 0.00040964 BTC.
• NEAR Protocol (NEAR) traded 1.8% lower against the dollar and now trades at $4.70 or 0.00006964 BTC.
• Internet Computer (ICP) traded down 0.4% against the dollar and now trades at $7.96 or 0.00011798 BTC.
• Cronos (CRO) traded down 0.7% against the dollar and now trades at $0.0771 or 0.00000114 BTC.
• Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0526 or 0.00000078 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.36 or 0.00002011 BTC.
• Algorand (ALGO) traded 1.2% lower against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Akash Network (AKT) traded up 1.6% against the dollar and now trades at $2.52 or 0.00003730 BTC.
• Theta Fuel (TFUEL) traded 1.1% lower against the dollar and now trades at $0.0607 or 0.00000090 BTC.
• Kava (KAVA) traded 0.7% lower against the dollar and now trades at $0.36 or 0.00000541 BTC.

Cosmos Coin Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The official website for Cosmos 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 Twitter account is @cosmos and its Facebook page is accessible here. The official message board for Cosmos is blog.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.”

Buying and Selling Cosmos

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

ATOM/USD price chart by TradingView