Cosmos Price Tops $4.14 (ATOM)

Cosmos (ATOM) traded 4.8% higher against the dollar during the 24-hour period ending at 10:00 AM ET on November 5th. Cosmos has a total market capitalization of $1.62 billion and approximately $91.89 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be purchased for about $4.14 or 0.00005932 BTC on cryptocurrency exchanges. In the last seven days, Cosmos has traded 7.8% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $24.01 or 0.00034390 BTC.
• NEAR Protocol (NEAR) traded 6.1% higher against the dollar and now trades at $3.92 or 0.00005614 BTC.
• Internet Computer (ICP) traded up 1.7% against the dollar and now trades at $7.32 or 0.00010480 BTC.
• Fetch.ai (FET) traded up 9.9% against the dollar and now trades at $1.26 or 0.00001797 BTC.
• Cronos (CRO) traded 1% higher against the dollar and now trades at $0.0724 or 0.00000104 BTC.
• Hedera (HBAR) traded 4.8% higher against the dollar and now trades at $0.0451 or 0.00000065 BTC.
• Algorand (ALGO) traded 4.3% higher against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded 5.3% higher against the dollar and now trades at $2.31 or 0.00003305 BTC.
• Theta Fuel (TFUEL) traded 2.2% higher against the dollar and now trades at $0.0510 or 0.00000073 BTC.
• Kava (KAVA) traded 3.3% higher against the dollar and now trades at $0.31 or 0.00000446 BTC.

About Cosmos

ATOM uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website 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.

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 acquire Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView