Cosmos (ATOM) Trading 8.5% Lower Over Last 7 Days

Cosmos (ATOM) traded 0.4% lower against the dollar during the 1-day period ending at 14:00 PM ET on August 18th. One Cosmos coin can now be purchased for approximately $4.61 or 0.00007736 BTC on popular exchanges. During the last seven days, Cosmos has traded 8.5% lower against the dollar. Cosmos has a market cap of $1.80 billion and $60.13 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 2.9% higher against the dollar and now trades at $21.14 or 0.00035505 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $3.99 or 0.00006707 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $7.27 or 0.00012207 BTC.
• Cronos (CRO) traded up 0.4% against the dollar and now trades at $0.0879 or 0.00000148 BTC.
• Hedera (HBAR) traded up 2.3% against the dollar and now trades at $0.0536 or 0.00000090 BTC.
• Algorand (ALGO) traded up 1.8% against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Fetch.ai (FET) traded down 0.2% against the dollar and now trades at $0.83 or 0.00001399 BTC.
• Akash Network (AKT) traded 1% higher against the dollar and now trades at $2.53 or 0.00004250 BTC.
• Theta Fuel (TFUEL) traded 0.5% higher against the dollar and now trades at $0.0556 or 0.00000093 BTC.
• Kava (KAVA) traded up 2.2% against the dollar and now trades at $0.32 or 0.00000532 BTC.

About Cosmos

Cosmos (ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official website for Cosmos is cosmos.network. Cosmos’ official message board 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.

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.”

Cosmos Coin Trading

It is usually not 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, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView