Cosmos Hits Market Capitalization of $3.28 Billion (ATOM)

Cosmos (ATOM) traded up 0.9% against the US dollar during the 1-day period ending at 15:00 PM E.T. on April 27th. One Cosmos coin can now be purchased for approximately $8.39 or 0.00013245 BTC on popular exchanges. Cosmos has a total market capitalization of $3.28 billion and $114.06 million worth of Cosmos was traded on exchanges in the last day. During the last week, Cosmos has traded 2.5% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 1.8% against the dollar and now trades at $34.37 or 0.00054280 BTC.
• NEAR Protocol (NEAR) traded up 6.5% against the dollar and now trades at $7.45 or 0.00011768 BTC.
• Internet Computer (ICP) traded down 0.8% against the dollar and now trades at $13.20 or 0.00020846 BTC.
• Hedera (HBAR) traded down 2.8% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Fetch.ai (FET) traded down 1.7% against the dollar and now trades at $2.17 or 0.00003422 BTC.
• Algorand (ALGO) traded down 0.5% against the dollar and now trades at $0.20 or 0.00000314 BTC.
• Akash Network (AKT) traded 4.4% lower against the dollar and now trades at $4.43 or 0.00006986 BTC.
• Kava (KAVA) traded 2.3% lower against the dollar and now trades at $0.69 or 0.00001096 BTC.
• Theta Fuel (TFUEL) traded down 7.3% against the dollar and now trades at $0.11 or 0.00000172 BTC.

Cosmos Profile

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

ATOM/USD price chart by TradingView