Cosmos Market Cap Tops $1.98 Billion (ATOM)

Cosmos (ATOM) traded 1.5% higher against the US dollar during the 1-day period ending at 17:00 PM E.T. on September 29th. Over the last seven days, Cosmos has traded up 9.5% against the US dollar. One Cosmos coin can currently be purchased for $5.08 or 0.00007706 BTC on popular cryptocurrency exchanges. Cosmos has a total market capitalization of $1.98 billion and $90.03 million worth of Cosmos was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 0.5% lower against the dollar and now trades at $29.18 or 0.00044296 BTC.
• NEAR Protocol (NEAR) traded 1.1% higher against the dollar and now trades at $5.53 or 0.00008390 BTC.
• Internet Computer (ICP) traded up 0.5% against the dollar and now trades at $9.67 or 0.00014676 BTC.
• Hedera (HBAR) traded 1.2% higher against the dollar and now trades at $0.0618 or 0.00000094 BTC.
• Cronos (CRO) traded 0.7% higher against the dollar and now trades at $0.0866 or 0.00000131 BTC.
• Fetch.ai (FET) traded 2.1% higher against the dollar and now trades at $1.62 or 0.00002467 BTC.
• Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.14 or 0.00000216 BTC.
• Akash Network (AKT) traded 0.8% higher against the dollar and now trades at $2.98 or 0.00004527 BTC.
• Theta Fuel (TFUEL) traded down 2.1% against the dollar and now trades at $0.0695 or 0.00000105 BTC.
• Kava (KAVA) traded 1.6% lower against the dollar and now trades at $0.39 or 0.00000594 BTC.

Cosmos Profile

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

ATOM/USD price chart by TradingView