Cosmos (ATOM) Reaches 24 Hour Trading Volume of $84.72 Million

Cosmos (ATOM) traded down 0.3% against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on October 16th. During the last seven days, Cosmos has traded 5% higher against the U.S. dollar. One Cosmos coin can currently be bought for approximately $4.46 or 0.00006577 BTC on exchanges. Cosmos has a total market capitalization of $1.74 billion and approximately $84.72 million worth of Cosmos was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded up 0.8% against the dollar and now trades at $28.23 or 0.00041600 BTC.
• NEAR Protocol (NEAR) traded down 0.2% against the dollar and now trades at $5.02 or 0.00007396 BTC.
• Internet Computer (ICP) traded down 1.4% against the dollar and now trades at $7.96 or 0.00011735 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0790 or 0.00000116 BTC.
• Hedera (HBAR) traded 6.6% lower against the dollar and now trades at $0.0536 or 0.00000079 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $1.44 or 0.00002120 BTC.
• Algorand (ALGO) traded down 1.4% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 2% higher against the dollar and now trades at $2.58 or 0.00003807 BTC.
• Theta Fuel (TFUEL) traded up 1.1% against the dollar and now trades at $0.0628 or 0.00000092 BTC.
• Kava (KAVA) traded down 1.1% against the dollar and now trades at $0.37 or 0.00000545 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website is cosmos.network. 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.

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 US dollars. Investors seeking to trade Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView