Cosmos Reaches 24 Hour Trading Volume of $86.87 Million (ATOM)

Cosmos (ATOM) traded up 4% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on October 24th. One Cosmos coin can currently be purchased for approximately $4.81 or 0.00007082 BTC on major exchanges. Cosmos has a total market cap of $1.88 billion and $86.87 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last week, Cosmos has traded 12% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $26.69 or 0.00039264 BTC.
• NEAR Protocol (NEAR) traded 0.3% higher against the dollar and now trades at $4.68 or 0.00006885 BTC.
• Internet Computer (ICP) traded up 0.9% against the dollar and now trades at $8.35 or 0.00012288 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0757 or 0.00000111 BTC.
• Hedera (HBAR) traded 0.5% lower against the dollar and now trades at $0.0511 or 0.00000075 BTC.
• Fetch.ai (FET) traded up 0.4% against the dollar and now trades at $1.33 or 0.00001961 BTC.
• Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.12 or 0.00000179 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $2.45 or 0.00003590 BTC.
• Theta Fuel (TFUEL) traded up 0.3% against the dollar and now trades at $0.0588 or 0.00000087 BTC.
• Kava (KAVA) traded up 0.5% against the dollar and now trades at $0.35 or 0.00000514 BTC.

About Cosmos

ATOM uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini 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