Cosmos Price Down 1% This Week (ATOM)

Cosmos (ATOM) traded down 8.1% against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on October 26th. One Cosmos coin can now be bought for approximately $4.35 or 0.00006518 BTC on major cryptocurrency exchanges. Over the last week, Cosmos has traded 1% lower against the U.S. dollar. Cosmos has a market cap of $1.70 billion and $141.14 million worth of Cosmos was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 5.4% lower against the dollar and now trades at $25.22 or 0.00037770 BTC.
• NEAR Protocol (NEAR) traded 8.8% lower against the dollar and now trades at $4.19 or 0.00006277 BTC.
• Internet Computer (ICP) traded 8.8% lower against the dollar and now trades at $7.60 or 0.00011380 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.0727 or 0.00000109 BTC.
• Hedera (HBAR) traded down 8.3% against the dollar and now trades at $0.0474 or 0.00000071 BTC.
• Fetch.ai (FET) traded 8.7% lower against the dollar and now trades at $1.21 or 0.00001815 BTC.
• Algorand (ALGO) traded down 7.7% against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Akash Network (AKT) traded 5.5% lower against the dollar and now trades at $2.27 or 0.00003396 BTC.
• Theta Fuel (TFUEL) traded 6.5% lower against the dollar and now trades at $0.0543 or 0.00000081 BTC.
• Kava (KAVA) traded 9.3% lower against the dollar and now trades at $0.32 or 0.00000479 BTC.

Cosmos Coin Profile

Cosmos (ATOM) uses the hashing algorithm. It launched 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. 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 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 GDAX, Coinbase or Gemini. 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