Cosmos Trading Down 6.9% This Week (ATOM)

Cosmos (ATOM) traded up 1.4% against the US dollar during the 1-day period ending at 23:00 PM Eastern on October 27th. During the last seven days, Cosmos has traded 6.9% lower against the US dollar. Cosmos has a market capitalization of $1.73 billion and approximately $63.33 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be bought for $4.41 or 0.00006503 BTC on major exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 0% against the dollar and now trades at $25.46 or 0.00037511 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $4.25 or 0.00006256 BTC.
• Internet Computer (ICP) traded up 0.8% against the dollar and now trades at $7.76 or 0.00011440 BTC.
• Cronos (CRO) traded up 0.6% against the dollar and now trades at $0.0738 or 0.00000109 BTC.
• Hedera (HBAR) traded down 0.1% against the dollar and now trades at $0.0482 or 0.00000071 BTC.
• Fetch.ai (FET) traded 1.3% higher against the dollar and now trades at $1.26 or 0.00001853 BTC.
• Algorand (ALGO) traded up 0.2% against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Akash Network (AKT) traded up 0.6% against the dollar and now trades at $2.30 or 0.00003375 BTC.
• Theta Fuel (TFUEL) traded 0.8% lower against the dollar and now trades at $0.0543 or 0.00000080 BTC.
• Kava (KAVA) traded 0.6% higher against the dollar and now trades at $0.32 or 0.00000477 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official website is cosmos.network. The official message board for Cosmos is blog.cosmos.network. 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.

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

ATOM/USD price chart by TradingView