Umee Trading Down 14.6% Over Last 7 Days (UMEE)

Umee (UMEE) traded 8.5% lower against the US dollar during the 1-day period ending at 23:00 PM E.T. on November 1st. Umee has a total market cap of $3.30 million and approximately $81,956.59 worth of Umee was traded on exchanges in the last day. One Umee token can now be purchased for $0.0007 or 0.00000001 BTC on popular exchanges. During the last week, Umee has traded down 14.6% against the US dollar.

Here is how similar cryptocurrencies have performed during 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 down 2.2% 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $69,754.28 or 1.00000652 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $69,580.11 or 0.99750957 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. The official website for Umee is www.ux.xyz. The official message board for Umee is medium.com/umeeblog. 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 buy alternative cryptocurrencies such as Umee directly using U.S. dollars. Investors seeking to acquire Umee should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Umee using one of the aforementioned exchanges.

UMEE/USD price chart by TradingView