Cosmos (ATOM) Price Reaches $4.05 on Top Exchanges

Cosmos (ATOM) traded 3.4% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on September 4th. One Cosmos coin can now be purchased for approximately $4.05 or 0.00007001 BTC on major exchanges. During the last seven days, Cosmos has traded down 12% against the dollar. Cosmos has a total market capitalization of $1.58 billion and $139.80 million worth of Cosmos was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 0.5% higher against the dollar and now trades at $21.83 or 0.00037728 BTC.
• NEAR Protocol (NEAR) traded up 1.1% against the dollar and now trades at $3.83 or 0.00006615 BTC.
• Internet Computer (ICP) traded 4.3% higher against the dollar and now trades at $7.54 or 0.00013025 BTC.
• Cronos (CRO) traded 0.9% lower against the dollar and now trades at $0.0783 or 0.00000135 BTC.
• Hedera (HBAR) traded 0.2% lower against the dollar and now trades at $0.0493 or 0.00000085 BTC.
• Fetch.ai (FET) traded down 0.3% against the dollar and now trades at $1.13 or 0.00001955 BTC.
• Algorand (ALGO) traded 1.2% higher against the dollar and now trades at $0.12 or 0.00000211 BTC.
• Akash Network (AKT) traded 0.3% higher against the dollar and now trades at $2.29 or 0.00003976 BTC.
• Theta Fuel (TFUEL) traded up 0.3% against the dollar and now trades at $0.0538 or 0.00000093 BTC.
• Kava (KAVA) traded 0.3% higher against the dollar and now trades at $0.29 or 0.00000509 BTC.

About Cosmos

Cosmos uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official website is 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.

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 U.S. dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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