Umee Reaches Self Reported Market Capitalization of $1.08 Million (UMEE)

Umee (UMEE) traded down 2.7% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on October 4th. One Umee token can currently be bought for approximately $0.0002 or 0.00000000 BTC on major exchanges. Umee has a total market capitalization of $1.08 million and approximately $526.18 worth of Umee was traded on exchanges in the last day. In the last week, Umee has traded up 10.7% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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.
• SolvBTC (SOLVBTC) traded 2.3% higher against the dollar and now trades at $122,251.48 or 0.99961043 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.6% against the dollar and now trades at $121,220.12 or 0.99090508 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• P2P Solutions foundation (P2PS) traded down 0.1% against the dollar and now trades at $405.44 or 0.00331517 BTC.

Umee Token Profile

Umee was first traded on February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. Umee’s official website is www.ux.xyz. The official message board for Umee is medium.com/umeeblog.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Umee Token Trading

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

UMEE/USD price chart by TradingView