Cosmos (ATOM) Market Cap Tops $3.26 Billion

Cosmos (ATOM) traded up 6.6% against the U.S. dollar during the one day period ending at 14:00 PM E.T. on May 1st. Cosmos has a total market capitalization of $3.26 billion and $396.97 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can currently be purchased for about $8.33 or 0.00014331 BTC on major cryptocurrency exchanges. During the last seven days, Cosmos has traded down 2.9% against the U.S. dollar.

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

• Avalanche (AVAX) traded 2% higher against the dollar and now trades at $33.05 or 0.00056865 BTC.
• NEAR Protocol (NEAR) traded up 2.3% against the dollar and now trades at $6.17 or 0.00010623 BTC.
• Internet Computer (ICP) traded 1.3% higher against the dollar and now trades at $12.97 or 0.00022322 BTC.
• Hedera (HBAR) traded 13.9% higher against the dollar and now trades at $0.10 or 0.00000180 BTC.
• Cronos (CRO) traded down 4.1% against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Fetch.ai (FET) traded up 2.5% against the dollar and now trades at $2.00 or 0.00003440 BTC.
• Algorand (ALGO) traded 3.2% higher against the dollar and now trades at $0.18 or 0.00000308 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $3.95 or 0.00006873 BTC.
• Kava (KAVA) traded up 1.4% against the dollar and now trades at $0.64 or 0.00001103 BTC.
• Theta Fuel (TFUEL) traded 0.5% higher against the dollar and now trades at $0.0994 or 0.00000171 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. Its launch date was 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 official website for Cosmos is cosmos.network. Cosmos’ official message board 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.”

Cosmos Coin Trading

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

ATOM/USD price chart by TradingView