Cosmos (ATOM) Trading 5.6% Higher Over Last 7 Days

Cosmos (ATOM) traded 0.7% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on October 23rd. One Cosmos coin can now be purchased for about $4.75 or 0.00007155 BTC on cryptocurrency exchanges. During the last seven days, Cosmos has traded up 5.6% against the US dollar. Cosmos has a total market cap of $1.86 billion and approximately $100.56 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 4.3% against the dollar and now trades at $26.60 or 0.00040071 BTC.
• NEAR Protocol (NEAR) traded down 2.4% against the dollar and now trades at $4.57 or 0.00006891 BTC.
• Internet Computer (ICP) traded 1.2% higher against the dollar and now trades at $8.02 or 0.00012087 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0759 or 0.00000114 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.0511 or 0.00000077 BTC.
• Fetch.ai (FET) traded down 3.5% against the dollar and now trades at $1.32 or 0.00001987 BTC.
• Algorand (ALGO) traded down 2.6% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 0% higher against the dollar and now trades at $2.46 or 0.00003700 BTC.
• Theta Fuel (TFUEL) traded 2.8% lower against the dollar and now trades at $0.0587 or 0.00000088 BTC.
• Kava (KAVA) traded 3.2% lower against the dollar and now trades at $0.35 or 0.00000529 BTC.

About Cosmos

ATOM uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official website is 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 message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible 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.”

Buying and Selling Cosmos

It is usually not presently possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView