Cosmos (ATOM) Trading Down 10.7% Over Last Week

Cosmos (ATOM) traded 0.8% higher against the U.S. dollar during the 1-day period ending at 18:00 PM Eastern on August 16th. During the last week, Cosmos has traded down 10.7% against the U.S. dollar. Cosmos has a total market cap of $1.78 billion and $92.16 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be purchased for about $4.56 or 0.00007713 BTC on major exchanges.

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

  • Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $20.53 or 0.00034717 BTC.
  • NEAR Protocol (NEAR) traded 0.6% lower against the dollar and now trades at $3.99 or 0.00006746 BTC.
  • Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $7.07 or 0.00011956 BTC.
  • Cronos (CRO) traded up 0.6% against the dollar and now trades at $0.0882 or 0.00000149 BTC.
  • Hedera (HBAR) traded 0.6% higher against the dollar and now trades at $0.0523 or 0.00000088 BTC.
  • Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.12 or 0.00000197 BTC.
  • Fetch.ai (FET) traded 0.1% lower against the dollar and now trades at $0.83 or 0.00001408 BTC.
  • Akash Network (AKT) traded down 0.4% against the dollar and now trades at $2.53 or 0.00004276 BTC.
  • Theta Fuel (TFUEL) traded down 2.6% against the dollar and now trades at $0.0558 or 0.00000094 BTC.
  • Kava (KAVA) traded 3.3% lower against the dollar and now trades at $0.31 or 0.00000525 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official message board is blog.cosmos.network. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official website for Cosmos is 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.”

Cosmos Coin Trading

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

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