UMA Reaches Market Cap of $152.84 Million (UMA)

UMA (UMA) traded down 9.8% against the US dollar during the one day period ending at 16:00 PM E.T. on August 7th. UMA has a total market capitalization of $152.84 million and approximately $29.59 million worth of UMA was traded on exchanges in the last 24 hours. In the last week, UMA has traded down 26.9% against the US dollar. One UMA token can currently be purchased for about $1.85 or 0.00003365 BTC on cryptocurrency exchanges.

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

• 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.
• 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 0.9% higher against the dollar and now trades at $0.0122 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 11.9% lower against the dollar and now trades at $0.0568 or 0.00000103 BTC.

About UMA

UMA launched on January 9th, 2020. UMA’s total supply is 120,474,675 tokens and its circulating supply is 82,792,830 tokens. UMA’s official message board is medium.com/uma-project. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official website for UMA is umaproject.org.

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.”

Buying and Selling UMA

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

UMA/USD price chart by TradingView