Cosmos (ATOM) Market Capitalization Tops $2.46 Billion

Cosmos (ATOM) traded 1.7% higher against the US dollar during the 1-day period ending at 15:00 PM E.T. on July 27th. In the last seven days, Cosmos has traded down 4.2% against the US dollar. One Cosmos coin can now be purchased for about $6.29 or 0.00009184 BTC on popular cryptocurrency exchanges. Cosmos has a total market cap of $2.46 billion and approximately $88.47 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 1.6% against the dollar and now trades at $28.16 or 0.00041144 BTC.
• NEAR Protocol (NEAR) traded 1% lower against the dollar and now trades at $5.67 or 0.00008288 BTC.
• Internet Computer (ICP) traded down 0.7% against the dollar and now trades at $9.58 or 0.00013999 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0686 or 0.00000100 BTC.
• Cronos (CRO) traded 0.6% lower against the dollar and now trades at $0.0908 or 0.00000133 BTC.
• Fetch.ai (FET) traded 0.2% lower against the dollar and now trades at $1.27 or 0.00001860 BTC.
• Algorand (ALGO) traded 0% higher against the dollar and now trades at $0.14 or 0.00000208 BTC.
• Akash Network (AKT) traded 0.2% lower against the dollar and now trades at $3.22 or 0.00004695 BTC.
• Kava (KAVA) traded up 0.2% against the dollar and now trades at $0.42 or 0.00000619 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0688 or 0.00000100 BTC.

About Cosmos

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official website for Cosmos is 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.”

Buying and Selling Cosmos

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

ATOM/USD price chart by TradingView