Cosmos Hits 24-Hour Trading Volume of $19.35 Million (ATOM)

Cosmos (ATOM) traded down 1.4% against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on July 29th. Cosmos has a market capitalization of $2.45 billion and $19.35 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can now be bought for about $6.25 or 0.00009310 BTC on major cryptocurrency exchanges. Over the last seven days, Cosmos has traded down 1.6% against the dollar.

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

• Avalanche (AVAX) traded 0.3% lower against the dollar and now trades at $27.35 or 0.00040712 BTC.
• NEAR Protocol (NEAR) traded down 2.6% against the dollar and now trades at $5.33 or 0.00007936 BTC.
• Internet Computer (ICP) traded down 4.1% against the dollar and now trades at $9.07 or 0.00013505 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.0671 or 0.00000100 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.0902 or 0.00000134 BTC.
• Fetch.ai (FET) traded 1.1% lower against the dollar and now trades at $1.23 or 0.00001838 BTC.
• Algorand (ALGO) traded up 0.3% against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Akash Network (AKT) traded 2.7% lower against the dollar and now trades at $3.17 or 0.00004730 BTC.
• Theta Fuel (TFUEL) traded up 0.7% against the dollar and now trades at $0.0693 or 0.00000103 BTC.
• Kava (KAVA) traded up 0% against the dollar and now trades at $0.42 or 0.00000618 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. Its launch date was 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 currently possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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