Cosmos Market Capitalization Achieves $2.71 Billion (ATOM)

Cosmos (ATOM) traded up 3.5% against the dollar during the 24 hour period ending at 11:00 AM ET on January 17th. One Cosmos coin can now be bought for about $6.93 or 0.00006610 BTC on popular exchanges. Cosmos has a market cap of $2.71 billion and $209.04 million worth of Cosmos was traded on exchanges in the last 24 hours. In the last week, Cosmos has traded 7.2% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 3.3% higher against the dollar and now trades at $41.23 or 0.00039338 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.37 or 0.00000356 BTC.
• NEAR Protocol (NEAR) traded up 6.4% against the dollar and now trades at $5.63 or 0.00005372 BTC.
• Internet Computer (ICP) traded up 2.9% against the dollar and now trades at $11.30 or 0.00010776 BTC.
• Algorand (ALGO) traded 0.9% lower against the dollar and now trades at $0.47 or 0.00000449 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.15 or 0.00000139 BTC.
• Fetch.ai (FET) traded up 3.8% against the dollar and now trades at $1.40 or 0.00001340 BTC.
• Akash Network (AKT) traded up 4.3% against the dollar and now trades at $3.24 or 0.00003094 BTC.
• Kava (KAVA) traded 2.9% higher against the dollar and now trades at $0.51 or 0.00000490 BTC.
• Theta Fuel (TFUEL) traded up 2% against the dollar and now trades at $0.0700 or 0.00000067 BTC.

Cosmos Profile

Cosmos (ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official website is cosmos.network. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here.

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 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 Gemini, GDAX 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