UMA Price Hits $2.72 on Exchanges (UMA)

UMA (UMA) traded up 4.4% against the US dollar during the one day period ending at 13:00 PM E.T. on January 17th. One UMA token can now be bought for approximately $2.72 or 0.00002601 BTC on major exchanges. UMA has a market capitalization of $229.18 million and approximately $24.17 million worth of UMA was traded on exchanges in the last day. Over the last week, UMA has traded 6.1% higher against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded 4.5% higher against the dollar and now trades at $104,189.49 or 0.99790105 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.7% against the dollar and now trades at $103,466.04 or 0.99097199 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA’s genesis date was January 9th, 2020. UMA’s total supply is 122,939,426 tokens and its circulating supply is 84,397,604 tokens. The official website for UMA is umaproject.org. UMA’s official message board is medium.com/uma-project. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here.

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

UMA/USD price chart by TradingView