Cosmos (ATOM) Price Down 11% Over Last 7 Days

Cosmos (ATOM) traded 3.2% lower against the dollar during the one day period ending at 9:00 AM ET on April 30th. One Cosmos coin can currently be bought for $7.76 or 0.00012680 BTC on popular exchanges. Cosmos has a total market cap of $3.03 billion and approximately $127.74 million worth of Cosmos was traded on exchanges in the last day. Over the last seven days, Cosmos has traded 11% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1.6% lower against the dollar and now trades at $32.92 or 0.00053787 BTC.
• NEAR Protocol (NEAR) traded down 7.9% against the dollar and now trades at $6.24 or 0.00010189 BTC.
• Internet Computer (ICP) traded down 6.2% against the dollar and now trades at $12.57 or 0.00020545 BTC.
• Cronos (CRO) traded 3.6% higher against the dollar and now trades at $0.13 or 0.00000217 BTC.
• Hedera (HBAR) traded down 8.9% against the dollar and now trades at $0.0944 or 0.00000154 BTC.
• Fetch.ai (FET) traded down 7.8% against the dollar and now trades at $1.97 or 0.00003226 BTC.
• Algorand (ALGO) traded 6.3% lower against the dollar and now trades at $0.18 or 0.00000287 BTC.
• Akash Network (AKT) traded 3.7% lower against the dollar and now trades at $4.02 or 0.00006563 BTC.
• Kava (KAVA) traded down 4.6% against the dollar and now trades at $0.64 or 0.00001053 BTC.
• Theta Fuel (TFUEL) traded 4.8% lower against the dollar and now trades at $0.10 or 0.00000164 BTC.

About Cosmos

ATOM uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. 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 message board is blog.cosmos.network. 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.”

Buying and Selling Cosmos

It is usually not possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US 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.

ATOM/USD price chart by TradingView