Cosmos 24-Hour Trading Volume Tops $89.34 Million (ATOM)

Cosmos (ATOM) traded down 2.2% against the US dollar during the one day period ending at 12:00 PM E.T. on September 28th. Cosmos has a market capitalization of $1.97 billion and approximately $89.34 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can currently be purchased for about $5.05 or 0.00007690 BTC on popular cryptocurrency exchanges. In the last week, Cosmos has traded up 8.3% against the US dollar.

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

• Avalanche (AVAX) traded 3.4% lower against the dollar and now trades at $29.32 or 0.00044694 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $5.51 or 0.00008400 BTC.
• Internet Computer (ICP) traded 0.6% lower against the dollar and now trades at $9.72 or 0.00014821 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.0868 or 0.00000132 BTC.
• Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0612 or 0.00000093 BTC.
• Fetch.ai (FET) traded 6.5% lower against the dollar and now trades at $1.59 or 0.00002416 BTC.
• Algorand (ALGO) traded 3.7% lower against the dollar and now trades at $0.14 or 0.00000215 BTC.
• Akash Network (AKT) traded 2.3% lower against the dollar and now trades at $2.97 or 0.00004526 BTC.
• Theta Fuel (TFUEL) traded 0.4% higher against the dollar and now trades at $0.0706 or 0.00000108 BTC.
• Kava (KAVA) traded down 1.2% against the dollar and now trades at $0.39 or 0.00000596 BTC.

About Cosmos

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official message board is blog.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 website for Cosmos is 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 currently possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView