Cosmos (ATOM) Price Up 8.1% This Week

Cosmos (ATOM) traded up 1.2% against the U.S. dollar during the 24 hour period ending at 9:00 AM E.T. on March 29th. Cosmos has a market capitalization of $4.84 billion and approximately $270.25 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be purchased for about $12.37 or 0.00017637 BTC on cryptocurrency exchanges. In the last seven days, Cosmos has traded 8.1% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 0.8% lower against the dollar and now trades at $53.50 or 0.00076268 BTC.
• Internet Computer (ICP) traded 0.5% lower against the dollar and now trades at $17.56 or 0.00025033 BTC.
• NEAR Protocol (NEAR) traded down 3% against the dollar and now trades at $7.10 or 0.00010116 BTC.
• Cronos (CRO) traded up 0.5% against the dollar and now trades at $0.15 or 0.00000220 BTC.
• Hedera (HBAR) traded 0.8% higher against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Fetch.ai (FET) traded down 2.5% against the dollar and now trades at $3.23 or 0.00004609 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.28 or 0.00000394 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $5.34 or 0.00007618 BTC.
• Kava (KAVA) traded 4.5% higher against the dollar and now trades at $1.03 or 0.00001466 BTC.
• Theta Fuel (TFUEL) traded up 0.5% against the dollar and now trades at $0.0841 or 0.00000120 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. 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. The official website for Cosmos is cosmos.network. The official message board for Cosmos 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 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 Gemini, Coinbase or GDAX. 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