Cosmos (ATOM) Trading Down 15.3% Over Last 7 Days

Cosmos (ATOM) traded down 6.5% against the dollar during the 24-hour period ending at 15:00 PM E.T. on July 5th. One Cosmos coin can now be purchased for approximately $5.78 or 0.00010217 BTC on popular exchanges. In the last seven days, Cosmos has traded 15.3% lower against the dollar. Cosmos has a market capitalization of $2.26 billion and approximately $384.00 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $24.93 or 0.00044089 BTC.
• NEAR Protocol (NEAR) traded 6.8% lower against the dollar and now trades at $4.45 or 0.00007878 BTC.
• Internet Computer (ICP) traded down 1% against the dollar and now trades at $6.71 or 0.00011874 BTC.
• Hedera (HBAR) traded 0.9% lower against the dollar and now trades at $0.0679 or 0.00000120 BTC.
• Cronos (CRO) traded 2.7% lower against the dollar and now trades at $0.0849 or 0.00000150 BTC.
• Fetch.ai (FET) traded 2.7% lower against the dollar and now trades at $1.17 or 0.00002065 BTC.
• Algorand (ALGO) traded down 1.4% against the dollar and now trades at $0.13 or 0.00000235 BTC.
• Akash Network (AKT) traded up 1.4% against the dollar and now trades at $3.11 or 0.00005537 BTC.
• Theta Fuel (TFUEL) traded down 2.6% against the dollar and now trades at $0.0644 or 0.00000114 BTC.
• Kava (KAVA) traded 4.5% lower against the dollar and now trades at $0.36 or 0.00000638 BTC.

Cosmos Profile

Cosmos (ATOM) uses the hashing algorithm. It was first traded 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. The official website for Cosmos is cosmos.network. The official message board for Cosmos is blog.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 purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView