UMA One Day Trading Volume Tops $44.67 Million (UMA)

UMA (UMA) traded 8.8% higher against the dollar during the 24-hour period ending at 11:00 AM Eastern on December 12th. One UMA token can now be bought for about $3.87 or 0.00003812 BTC on exchanges. UMA has a total market capitalization of $322.45 million and approximately $44.67 million worth of UMA was traded on exchanges in the last day. In the last seven days, UMA has traded 1.3% lower against the dollar.

Here’s how related cryptocurrencies have performed in 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 up 1% against the dollar and now trades at $101,666.22 or 1.00024837 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $100,899.17 or 0.99270179 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA launched on January 9th, 2020. UMA’s total supply is 122,306,299 tokens and its circulating supply is 83,226,143 tokens. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. UMA’s official message board is medium.com/uma-project. The official website for UMA is umaproject.org.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase UMA using one of the exchanges listed above.

UMA/USD price chart by TradingView