Cosmos (ATOM) Trading 4.9% Higher Over Last 7 Days

Cosmos (ATOM) traded 1.8% lower against the dollar during the 1-day period ending at 23:00 PM E.T. on October 17th. Cosmos has a total market capitalization of $1.70 billion and $78.92 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can now be purchased for $4.35 or 0.00006407 BTC on popular exchanges. Over the last week, Cosmos has traded 4.9% higher against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1.3% lower against the dollar and now trades at $27.64 or 0.00040682 BTC.
• NEAR Protocol (NEAR) traded down 2.6% against the dollar and now trades at $4.83 or 0.00007116 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $7.80 or 0.00011487 BTC.
• Cronos (CRO) traded 0.8% lower against the dollar and now trades at $0.0779 or 0.00000115 BTC.
• Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0513 or 0.00000076 BTC.
• Fetch.ai (FET) traded down 3.2% against the dollar and now trades at $1.38 or 0.00002024 BTC.
• Algorand (ALGO) traded down 1.9% against the dollar and now trades at $0.12 or 0.00000178 BTC.
• Akash Network (AKT) traded 3.8% lower against the dollar and now trades at $2.45 or 0.00003631 BTC.
• Theta Fuel (TFUEL) traded 3.1% lower against the dollar and now trades at $0.0609 or 0.00000090 BTC.
• Kava (KAVA) traded down 2.1% against the dollar and now trades at $0.36 or 0.00000531 BTC.

About Cosmos

Cosmos (ATOM) uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. 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.

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 buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView