Cosmos Price Down 12.8% Over Last 7 Days (ATOM)

Cosmos (ATOM) traded down 1.4% against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on November 4th. Cosmos has a market capitalization of $1.54 billion and $80.49 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be purchased for about $3.95 or 0.00005820 BTC on popular exchanges. In the last seven days, Cosmos has traded down 12.8% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded down 4.4% against the dollar and now trades at $22.75 or 0.00033551 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $3.63 or 0.00005348 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $7.05 or 0.00010396 BTC.
• Fetch.ai (FET) traded down 2.4% against the dollar and now trades at $1.13 or 0.00001664 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0708 or 0.00000104 BTC.
• Hedera (HBAR) traded down 1.1% against the dollar and now trades at $0.0428 or 0.00000063 BTC.
• Algorand (ALGO) traded down 0.3% against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Akash Network (AKT) traded down 4.6% against the dollar and now trades at $2.17 or 0.00003192 BTC.
• Theta Fuel (TFUEL) traded 4.7% lower against the dollar and now trades at $0.0485 or 0.00000071 BTC.
• Kava (KAVA) traded down 4.2% against the dollar and now trades at $0.30 or 0.00000438 BTC.

Cosmos Coin Profile

Cosmos uses the hashing algorithm. It launched on 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 website is 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 possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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