UMA Market Cap Reaches $169.88 Million (UMA)

UMA (UMA) traded 7.2% lower against the U.S. dollar during the 1-day period ending at 16:00 PM E.T. on July 4th. Over the last seven days, UMA has traded down 20.7% against the U.S. dollar. One UMA token can now be bought for about $2.08 or 0.00003562 BTC on cryptocurrency exchanges. UMA has a market cap of $169.88 million and approximately $29.84 million worth of UMA was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 3.2% against the dollar and now trades at $0.19 or 0.00000323 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 1.4% against the dollar and now trades at $0.0118 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About UMA

UMA launched on January 9th, 2020. UMA’s total supply is 120,062,562 tokens and its circulating supply is 81,740,278 tokens. UMA’s official website is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official message board for UMA is medium.com/uma-project.

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

UMA/USD price chart by TradingView