Cosmos (ATOM) Price Reaches $4.29 on Major Exchanges

Cosmos (ATOM) traded 4.2% higher against the US dollar during the 24 hour period ending at 17:00 PM Eastern on October 11th. Cosmos has a market capitalization of $1.68 billion and approximately $71.06 million worth of Cosmos was traded on exchanges in the last day. During the last week, Cosmos has traded down 6.8% against the US dollar. One Cosmos coin can now be purchased for about $4.29 or 0.00006805 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 6.9% higher against the dollar and now trades at $27.41 or 0.00043484 BTC.
• NEAR Protocol (NEAR) traded 5.4% higher against the dollar and now trades at $4.78 or 0.00007579 BTC.
• Internet Computer (ICP) traded up 2.4% against the dollar and now trades at $8.25 or 0.00013094 BTC.
• Cronos (CRO) traded up 3% against the dollar and now trades at $0.0776 or 0.00000123 BTC.
• Hedera (HBAR) traded up 3.5% against the dollar and now trades at $0.0517 or 0.00000082 BTC.
• Fetch.ai (FET) traded up 9% against the dollar and now trades at $1.42 or 0.00002253 BTC.
• Algorand (ALGO) traded up 3.3% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Akash Network (AKT) traded 4.7% higher against the dollar and now trades at $2.43 or 0.00003847 BTC.
• Theta Fuel (TFUEL) traded up 7.4% against the dollar and now trades at $0.0610 or 0.00000097 BTC.
• Kava (KAVA) traded up 8.4% against the dollar and now trades at $0.35 or 0.00000548 BTC.

Cosmos Coin Profile

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

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 buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView