Cosmos Hits 1-Day Trading Volume of $113.64 Million (ATOM)

Cosmos (ATOM) traded 3.8% lower against the dollar during the 1 day period ending at 20:00 PM Eastern on October 23rd. One Cosmos coin can currently be bought for approximately $4.61 or 0.00006925 BTC on exchanges. In the last seven days, Cosmos has traded up 3.4% against the dollar. Cosmos has a market cap of $1.80 billion and $113.64 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 3% lower against the dollar and now trades at $26.67 or 0.00040093 BTC.
• NEAR Protocol (NEAR) traded down 0.3% against the dollar and now trades at $4.64 or 0.00006978 BTC.
• Internet Computer (ICP) traded 3.8% higher against the dollar and now trades at $8.23 or 0.00012370 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0755 or 0.00000113 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.0512 or 0.00000077 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.32 or 0.00001985 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 2% lower against the dollar and now trades at $2.46 or 0.00003696 BTC.
• Theta Fuel (TFUEL) traded 3.4% lower against the dollar and now trades at $0.0583 or 0.00000088 BTC.
• Kava (KAVA) traded 4.4% lower against the dollar and now trades at $0.35 or 0.00000521 BTC.

Cosmos Coin Profile

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website is cosmos.network. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView