Cosmos Trading Up 1.3% This Week (ATOM)

Cosmos (ATOM) traded 1.1% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on June 28th. In the last seven days, Cosmos has traded 1.3% higher against the U.S. dollar. Cosmos has a total market capitalization of $2.71 billion and approximately $105.54 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be bought for $6.92 or 0.00011391 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 1.6% against the dollar and now trades at $28.26 or 0.00046498 BTC.
• NEAR Protocol (NEAR) traded 1.6% lower against the dollar and now trades at $5.11 or 0.00008415 BTC.
• Internet Computer (ICP) traded 0% higher against the dollar and now trades at $8.17 or 0.00013441 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0784 or 0.00000129 BTC.
• Cronos (CRO) traded 2.3% higher against the dollar and now trades at $0.0920 or 0.00000151 BTC.
• Fetch.ai (FET) traded down 7.8% against the dollar and now trades at $1.46 or 0.00002401 BTC.
• Algorand (ALGO) traded up 1% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded 7.7% higher against the dollar and now trades at $3.57 or 0.00005868 BTC.
• Theta Fuel (TFUEL) traded down 2.2% against the dollar and now trades at $0.0767 or 0.00000126 BTC.
• Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.45 or 0.00000737 BTC.

About Cosmos

Cosmos (ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. 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. 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 possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView