UMA Market Cap Hits $239.55 Million (UMA)

UMA (UMA) traded 4.1% lower against the dollar during the 24 hour period ending at 12:00 PM E.T. on November 26th. UMA has a total market capitalization of $239.55 million and approximately $31.31 million worth of UMA was traded on exchanges in the last day. One UMA token can currently be bought for $2.78 or 0.00002961 BTC on exchanges. Over the last week, UMA has traded up 7.8% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.1% lower against the dollar and now trades at $93,953.23 or 1.00122700 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.5% against the dollar and now trades at $93,817.15 or 0.99977685 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA was first traded on January 9th, 2020. UMA’s total supply is 122,166,752 tokens and its circulating supply is 86,208,732 tokens. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official message board for UMA is medium.com/uma-project. The official website for UMA 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 buy alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy UMA using one of the aforementioned exchanges.

UMA/USD price chart by TradingView