Cosmos (ATOM) Trading 11.7% Higher Over Last 7 Days

Cosmos (ATOM) traded up 3.9% against the US dollar during the one day period ending at 14:00 PM E.T. on October 24th. One Cosmos coin can now be bought for $4.75 or 0.00007016 BTC on major exchanges. Cosmos has a market cap of $1.86 billion and $90.69 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last week, Cosmos has traded 11.7% higher against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $26.79 or 0.00039561 BTC.
• NEAR Protocol (NEAR) traded 3.9% higher against the dollar and now trades at $4.65 or 0.00006860 BTC.
• Internet Computer (ICP) traded 3.9% higher against the dollar and now trades at $8.28 or 0.00012223 BTC.
• Cronos (CRO) traded 1.7% higher against the dollar and now trades at $0.0755 or 0.00000112 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.0514 or 0.00000076 BTC.
• Fetch.ai (FET) traded 4% higher against the dollar and now trades at $1.34 or 0.00001976 BTC.
• Algorand (ALGO) traded 2.6% higher against the dollar and now trades at $0.12 or 0.00000179 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $2.43 or 0.00003581 BTC.
• Theta Fuel (TFUEL) traded up 2.6% against the dollar and now trades at $0.0588 or 0.00000087 BTC.
• Kava (KAVA) traded up 3% against the dollar and now trades at $0.35 or 0.00000514 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. It was first traded on 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 message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official website for Cosmos 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 presently possible to purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView