Cosmos Reaches Market Cap of $1.73 Billion (ATOM)

Cosmos (ATOM) traded 0.5% lower against the US dollar during the 1-day period ending at 10:00 AM Eastern on March 2nd. Over the last week, Cosmos has traded down 9.7% against the US dollar. One Cosmos coin can currently be purchased for about $4.43 or 0.00005203 BTC on major exchanges. Cosmos has a market capitalization of $1.73 billion and $88.53 million worth of Cosmos was traded on exchanges in the last day.

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

• Hedera (HBAR) traded up 6.4% against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $21.70 or 0.00025515 BTC.
• NEAR Protocol (NEAR) traded up 2.6% against the dollar and now trades at $3.19 or 0.00003752 BTC.
• Internet Computer (ICP) traded up 2.7% against the dollar and now trades at $6.54 or 0.00007690 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0728 or 0.00000086 BTC.
• Fetch.ai (FET) traded 1.4% higher against the dollar and now trades at $0.64 or 0.00000751 BTC.
• Kava (KAVA) traded 1.7% higher against the dollar and now trades at $0.43 or 0.00000506 BTC.
• Akash Network (AKT) traded down 0.7% against the dollar and now trades at $1.58 or 0.00001854 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0435 or 0.00000051 BTC.

Cosmos Coin Profile

Cosmos (ATOM) 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.”

Cosmos Coin Trading

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

ATOM/USD price chart by TradingView