Cosmos Price Tops $4.42 (ATOM)

Cosmos (ATOM) traded down 2% against the U.S. dollar during the 24 hour period ending at 15:00 PM E.T. on October 16th. Cosmos has a total market cap of $1.73 billion and $93.26 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be bought for about $4.42 or 0.00006525 BTC on major cryptocurrency exchanges. During the last seven days, Cosmos has traded 4% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded 2.8% lower against the dollar and now trades at $27.63 or 0.00040747 BTC.
• NEAR Protocol (NEAR) traded down 3.2% against the dollar and now trades at $4.91 or 0.00007239 BTC.
• Internet Computer (ICP) traded 2.6% lower against the dollar and now trades at $7.91 or 0.00011664 BTC.
• Cronos (CRO) traded up 1.4% against the dollar and now trades at $0.0789 or 0.00000116 BTC.
• Hedera (HBAR) traded down 4.5% against the dollar and now trades at $0.0539 or 0.00000079 BTC.
• Fetch.ai (FET) traded down 3.1% against the dollar and now trades at $1.42 or 0.00002096 BTC.
• Algorand (ALGO) traded down 3% against the dollar and now trades at $0.12 or 0.00000181 BTC.
• Akash Network (AKT) traded up 4% against the dollar and now trades at $2.61 or 0.00003834 BTC.
• Theta Fuel (TFUEL) traded down 1.5% against the dollar and now trades at $0.0613 or 0.00000090 BTC.
• Kava (KAVA) traded down 1.5% against the dollar and now trades at $0.38 or 0.00000553 BTC.

About Cosmos

Cosmos uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. 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. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official website is cosmos.network.

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

ATOM/USD price chart by TradingView