UMA Price Hits $2.72 on Exchanges (UMA)

UMA (UMA) traded up 4.4% against the U.S. dollar during the one day period ending at 13:00 PM Eastern on January 17th. One UMA token can now be bought for about $2.72 or 0.00002601 BTC on popular exchanges. UMA has a market cap of $229.18 million and approximately $24.17 million worth of UMA was traded on exchanges in the last day. During the last week, UMA has traded up 6.1% against the U.S. dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.5% higher against the dollar and now trades at $104,189.49 or 0.99790105 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.7% higher against the dollar and now trades at $103,466.04 or 0.99097199 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Profile

UMA’s launch date was January 9th, 2020. UMA’s total supply is 122,939,426 tokens and its circulating supply is 84,397,604 tokens. UMA’s official message board is medium.com/uma-project. The official website for UMA is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

UMA Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to acquire UMA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase UMA using one of the aforementioned exchanges.

UMA/USD price chart by TradingView