Cosmos (ATOM) 24 Hour Volume Reaches $71.04 Million

Cosmos (ATOM) traded 0.8% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on August 31st. One Cosmos coin can now be purchased for about $4.57 or 0.00007725 BTC on major exchanges. In the last seven days, Cosmos has traded 13.6% lower against the U.S. dollar. Cosmos has a total market capitalization of $1.79 billion and approximately $71.04 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 0.1% against the dollar and now trades at $23.02 or 0.00038931 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $4.08 or 0.00006897 BTC.
• Internet Computer (ICP) traded down 1.7% against the dollar and now trades at $7.53 or 0.00012731 BTC.
• Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.0810 or 0.00000137 BTC.
• Hedera (HBAR) traded down 0.6% against the dollar and now trades at $0.0505 or 0.00000085 BTC.
• Fetch.ai (FET) traded up 8.5% against the dollar and now trades at $1.17 or 0.00001987 BTC.
• Algorand (ALGO) traded 1.5% lower against the dollar and now trades at $0.13 or 0.00000212 BTC.
• Akash Network (AKT) traded down 1.5% against the dollar and now trades at $2.55 or 0.00004327 BTC.
• Theta Fuel (TFUEL) traded up 2.3% against the dollar and now trades at $0.0578 or 0.00000098 BTC.
• Kava (KAVA) traded 0.4% lower against the dollar and now trades at $0.31 or 0.00000526 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The official website for Cosmos 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 Twitter account is @cosmos and its Facebook page is accessible here. 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.”

Cosmos Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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