UMA (UMA) Achieves Market Capitalization of $221.86 Million

UMA (UMA) traded 6.2% higher against the US dollar during the one day period ending at 14:00 PM E.T. on October 29th. Over the last seven days, UMA has traded down 3.5% against the US dollar. UMA has a total market cap of $221.86 million and $16.18 million worth of UMA was traded on exchanges in the last day. One UMA token can now be purchased for approximately $2.58 or 0.00003551 BTC on major exchanges.

Here is how other cryptocurrencies have performed over 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 4.7% against the dollar and now trades at $72,166.29 or 0.99169281 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.1% against the dollar and now trades at $71,601.84 or 0.98393624 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Profile

UMA was first traded on January 9th, 2020. UMA’s total supply is 121,867,109 tokens and its circulating supply is 85,854,560 tokens. The official message board for UMA is medium.com/uma-project. The official website for UMA is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

Buying and Selling UMA

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

UMA/USD price chart by TradingView