Umee (UMEE) Reaches One Day Trading Volume of $94,279.95

Umee (UMEE) traded down 4.6% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM E.T. on August 19th. Umee has a market capitalization of $3.85 million and approximately $94,279.95 worth of Umee was traded on exchanges in the last day. One Umee token can currently be bought for $0.0009 or 0.00000001 BTC on popular exchanges. In the last week, Umee has traded 22.8% lower against the U.S. dollar.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 5.2% against the dollar and now trades at $0.0144 or 0.00000024 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 12.2% against the dollar and now trades at $0.0465 or 0.00000079 BTC.

Umee Token Profile

Umee’s genesis date was February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here. The official website for Umee is www.ux.xyz. The official message board for Umee is medium.com/umeeblog.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Buying and Selling Umee

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

UMEE/USD price chart by TradingView