Cosmos Price Tops $4.42 (ATOM)

Cosmos (ATOM) traded 2% lower against the dollar during the 1-day period ending at 15:00 PM ET on October 16th. Cosmos has a market capitalization of $1.73 billion and approximately $93.26 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can now be purchased for approximately $4.42 or 0.00006525 BTC on major exchanges. In the last seven days, Cosmos has traded 4% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 2.8% lower against the dollar and now trades at $27.63 or 0.00040747 BTC.
• NEAR Protocol (NEAR) traded 3.2% lower against the dollar and now trades at $4.91 or 0.00007239 BTC.
• Internet Computer (ICP) traded down 2.6% against the dollar and now trades at $7.91 or 0.00011664 BTC.
• Cronos (CRO) traded 1.4% higher against the dollar and now trades at $0.0789 or 0.00000116 BTC.
• Hedera (HBAR) traded 4.5% lower against the dollar and now trades at $0.0539 or 0.00000079 BTC.
• Fetch.ai (FET) traded down 3.1% against the dollar and now trades at $1.42 or 0.00002096 BTC.
• Algorand (ALGO) traded 3% lower against the dollar and now trades at $0.12 or 0.00000181 BTC.
• Akash Network (AKT) traded 4% higher against the dollar and now trades at $2.61 or 0.00003834 BTC.
• Theta Fuel (TFUEL) traded 1.5% lower against the dollar and now trades at $0.0613 or 0.00000090 BTC.
• Kava (KAVA) traded down 1.5% against the dollar and now trades at $0.38 or 0.00000553 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. Cosmos’ official message board is blog.cosmos.network. 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.”

Buying and Selling Cosmos

It is usually not presently possible to purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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