Cosmos Trading Down 6.7% Over Last 7 Days (ATOM)

Cosmos (ATOM) traded down 0.6% against the US dollar during the one day period ending at 0:00 AM Eastern on July 23rd. One Cosmos coin can currently be bought for approximately $6.25 or 0.00009481 BTC on exchanges. Cosmos has a total market capitalization of $2.44 billion and $120.73 million worth of Cosmos was traded on exchanges in the last day. Over the last week, Cosmos has traded 6.7% lower against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 10% lower against the dollar and now trades at $28.79 or 0.00043669 BTC.
• NEAR Protocol (NEAR) traded down 4.5% against the dollar and now trades at $5.73 or 0.00008691 BTC.
• Internet Computer (ICP) traded 2.5% lower against the dollar and now trades at $9.76 or 0.00014811 BTC.
• Cronos (CRO) traded 0.8% lower against the dollar and now trades at $0.0924 or 0.00000140 BTC.
• Hedera (HBAR) traded down 2.9% against the dollar and now trades at $0.0680 or 0.00000103 BTC.
• Fetch.ai (FET) traded 6% lower against the dollar and now trades at $1.29 or 0.00001960 BTC.
• Algorand (ALGO) traded 4.6% lower against the dollar and now trades at $0.14 or 0.00000217 BTC.
• Akash Network (AKT) traded 6.2% lower against the dollar and now trades at $3.32 or 0.00005047 BTC.
• Theta Fuel (TFUEL) traded 3.1% lower against the dollar and now trades at $0.0690 or 0.00000105 BTC.
• Kava (KAVA) traded 0.5% lower against the dollar and now trades at $0.41 or 0.00000622 BTC.

About Cosmos

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official website 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 possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView