Cosmos (ATOM) Market Capitalization Tops $4.84 Billion

Cosmos (ATOM) traded 1.2% higher against the US dollar during the 1 day period ending at 9:00 AM ET on March 29th. One Cosmos coin can now be bought for approximately $12.37 or 0.00017637 BTC on major cryptocurrency exchanges. Cosmos has a total market capitalization of $4.84 billion and $270.25 million worth of Cosmos was traded on exchanges in the last 24 hours. Over the last week, Cosmos has traded 8.1% higher against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 0.8% lower against the dollar and now trades at $53.50 or 0.00076268 BTC.
• Internet Computer (ICP) traded 0.5% lower against the dollar and now trades at $17.56 or 0.00025033 BTC.
• NEAR Protocol (NEAR) traded 3% lower against the dollar and now trades at $7.10 or 0.00010116 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.15 or 0.00000220 BTC.
• Hedera (HBAR) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Fetch.ai (FET) traded down 2.5% against the dollar and now trades at $3.23 or 0.00004609 BTC.
• Algorand (ALGO) traded up 2.5% against the dollar and now trades at $0.28 or 0.00000394 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $5.34 or 0.00007618 BTC.
• Kava (KAVA) traded up 4.5% against the dollar and now trades at $1.03 or 0.00001466 BTC.
• Theta Fuel (TFUEL) traded 0.5% higher against the dollar and now trades at $0.0841 or 0.00000120 BTC.

Cosmos Profile

Cosmos (ATOM) uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 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. Cosmos’ official website 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.”

Buying and Selling Cosmos

It is usually not 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView