Cosmos (ATOM) Reaches One Day Volume of $3.99 Million

Cosmos (ATOM) traded down 8.2% against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on February 6th. One Cosmos coin can currently be purchased for approximately $4.50 or 0.00004600 BTC on major cryptocurrency exchanges. Cosmos has a total market cap of $1.76 billion and $3.99 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last seven days, Cosmos has traded 27.5% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $25.46 or 0.00026039 BTC.
• Hedera (HBAR) traded 7% lower against the dollar and now trades at $0.24 or 0.00000242 BTC.
• NEAR Protocol (NEAR) traded 5% lower against the dollar and now trades at $3.23 or 0.00003306 BTC.
• Internet Computer (ICP) traded down 5.3% against the dollar and now trades at $6.85 or 0.00007000 BTC.
• Cronos (CRO) traded 7.8% lower against the dollar and now trades at $0.0992 or 0.00000101 BTC.
• Algorand (ALGO) traded 9.8% lower against the dollar and now trades at $0.28 or 0.00000281 BTC.
• Fetch.ai (FET) traded down 8.2% against the dollar and now trades at $0.74 or 0.00000753 BTC.
• Kava (KAVA) traded 7.4% lower against the dollar and now trades at $0.46 or 0.00000469 BTC.
• Akash Network (AKT) traded down 10% against the dollar and now trades at $1.88 or 0.00001925 BTC.
• Theta Fuel (TFUEL) traded 10% lower against the dollar and now trades at $0.0458 or 0.00000047 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. Cosmos’ official website is cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official message board for Cosmos is blog.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 US dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView