UMA (UMA) Market Capitalization Hits $156.70 Million

UMA (UMA) traded up 5.1% against the dollar during the 24-hour period ending at 10:00 AM Eastern on July 6th. In the last week, UMA has traded 20.1% lower against the dollar. UMA has a total market capitalization of $156.70 million and approximately $20.23 million worth of UMA was traded on exchanges in the last 24 hours. One UMA token can currently be purchased for approximately $1.92 or 0.00003368 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 0.3% lower against the dollar and now trades at $0.18 or 0.00000315 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 2.2% higher against the dollar and now trades at $0.0120 or 0.00000021 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 launched on January 9th, 2020. UMA’s total supply is 120,075,920 tokens and its circulating supply is 81,753,635 tokens. The official website for UMA is umaproject.org. 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.

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 purchase alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase UMA using one of the aforementioned exchanges.

UMA/USD price chart by TradingView