UMA (UMA) Market Cap Reaches $289.08 Million

UMA (UMA) traded 0.3% lower against the U.S. dollar during the 1 day period ending at 8:00 AM Eastern on May 16th. UMA has a total market cap of $289.08 million and approximately $62.33 million worth of UMA was traded on exchanges in the last 24 hours. One UMA token can now be bought for about $3.59 or 0.00005426 BTC on exchanges. During the last seven days, UMA has traded 1.5% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded up 6% against the dollar and now trades at $0.29 or 0.00000438 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.4% against the dollar and now trades at $0.0105 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About UMA

UMA was first traded on January 9th, 2020. UMA’s total supply is 119,150,436 tokens and its circulating supply is 80,614,090 tokens. The official website for UMA is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official message board for UMA is medium.com/uma-project.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

UMA Token Trading

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

UMA/USD price chart by TradingView