Cosmos Price Hits $4.45 on Exchanges (ATOM)

Cosmos (ATOM) traded up 2.9% against the dollar during the 24-hour period ending at 21:00 PM Eastern on September 2nd. During the last week, Cosmos has traded 9.8% lower against the dollar. Cosmos has a market cap of $1.74 billion and $75.02 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be purchased for about $4.45 or 0.00007518 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 4% against the dollar and now trades at $22.48 or 0.00037959 BTC.
• NEAR Protocol (NEAR) traded up 3.4% against the dollar and now trades at $4.01 or 0.00006777 BTC.
• Internet Computer (ICP) traded 4.7% higher against the dollar and now trades at $7.53 or 0.00012705 BTC.
• Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.0809 or 0.00000137 BTC.
• Hedera (HBAR) traded 6% higher against the dollar and now trades at $0.0511 or 0.00000086 BTC.
• Fetch.ai (FET) traded up 6.7% against the dollar and now trades at $1.25 or 0.00002102 BTC.
• Algorand (ALGO) traded up 6.2% against the dollar and now trades at $0.13 or 0.00000212 BTC.
• Akash Network (AKT) traded up 3.3% against the dollar and now trades at $2.46 or 0.00004150 BTC.
• Theta Fuel (TFUEL) traded 2.4% higher against the dollar and now trades at $0.0571 or 0.00000096 BTC.
• Kava (KAVA) traded up 5.5% against the dollar and now trades at $0.31 or 0.00000518 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. 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. 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 currently 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 Gemini, GDAX or Changelly. 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