Cosmos (ATOM) One Day Trading Volume Reaches $108.80 Million

Cosmos (ATOM) traded 2.7% higher against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on August 23rd. One Cosmos coin can currently be purchased for approximately $4.87 or 0.00007962 BTC on popular cryptocurrency exchanges. Cosmos has a market capitalization of $1.90 billion and $108.80 million worth of Cosmos was traded on exchanges in the last day. During the last week, Cosmos has traded up 8.9% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 5% against the dollar and now trades at $26.13 or 0.00042702 BTC.
• NEAR Protocol (NEAR) traded 7.1% higher against the dollar and now trades at $4.64 or 0.00007590 BTC.
• Internet Computer (ICP) traded up 5.5% against the dollar and now trades at $8.53 or 0.00013944 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.0876 or 0.00000143 BTC.
• Hedera (HBAR) traded up 4.3% against the dollar and now trades at $0.0574 or 0.00000094 BTC.
• Algorand (ALGO) traded 2.8% higher against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Fetch.ai (FET) traded 10% higher against the dollar and now trades at $1.09 or 0.00001777 BTC.
• Akash Network (AKT) traded up 3.4% against the dollar and now trades at $2.54 or 0.00004104 BTC.
• Theta Fuel (TFUEL) traded 1% higher against the dollar and now trades at $0.0606 or 0.00000099 BTC.
• Kava (KAVA) traded 1.9% higher against the dollar and now trades at $0.35 or 0.00000580 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. 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. The official website for Cosmos is cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView