UMA Market Cap Hits $240.13 Million (UMA)

UMA (UMA) traded down 1.8% against the dollar during the 1 day period ending at 8:00 AM ET on October 19th. In the last week, UMA has traded up 2.7% against the dollar. One UMA token can now be bought for $2.80 or 0.00004113 BTC on exchanges. UMA has a market capitalization of $240.13 million and approximately $24.58 million worth of UMA was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 44.5% higher against the dollar and now trades at $0.0714 or 0.00000105 BTC.
• P2P Solutions foundation (P2PS) traded up 0.6% against the dollar and now trades at $170.40 or 0.00250323 BTC.

UMA Token Profile

UMA’s launch date was January 9th, 2020. UMA’s total supply is 121,782,257 tokens and its circulating supply is 85,769,708 tokens. The official website for UMA is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official message board for UMA is medium.com/uma-project.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

UMA Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase UMA using one of the aforementioned exchanges.

UMA/USD price chart by TradingView