Cosmos Hits Market Capitalization of $1.88 Billion (ATOM)

Cosmos (ATOM) traded down 3.7% against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on August 14th. Cosmos has a total market cap of $1.88 billion and approximately $94.65 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last week, Cosmos has traded 0.8% lower against the U.S. dollar. One Cosmos coin can now be bought for approximately $4.81 or 0.00008147 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 0.3% against the dollar and now trades at $21.23 or 0.00035962 BTC.
• NEAR Protocol (NEAR) traded up 1.8% against the dollar and now trades at $4.19 or 0.00007092 BTC.
• Internet Computer (ICP) traded down 0.7% against the dollar and now trades at $7.14 or 0.00012090 BTC.
• Cronos (CRO) traded up 1.4% against the dollar and now trades at $0.0896 or 0.00000152 BTC.
• Hedera (HBAR) traded 0.8% higher against the dollar and now trades at $0.0540 or 0.00000091 BTC.
• Algorand (ALGO) traded 0.5% lower against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Fetch.ai (FET) traded 0.9% higher against the dollar and now trades at $0.88 or 0.00001497 BTC.
• Akash Network (AKT) traded down 5.2% against the dollar and now trades at $2.66 or 0.00004465 BTC.
• Theta Fuel (TFUEL) traded 2.9% lower against the dollar and now trades at $0.0560 or 0.00000095 BTC.
• Kava (KAVA) traded 1.4% lower against the dollar and now trades at $0.33 or 0.00000551 BTC.

Cosmos Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The official message board for Cosmos is blog.cosmos.network. 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.

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 presently possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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