Cosmos Reaches Market Cap of $3.02 Billion (ATOM)

Cosmos (ATOM) traded 0.2% higher against the dollar during the 24-hour period ending at 15:00 PM ET on May 26th. One Cosmos coin can now be purchased for about $10.56 or 0.00039433 BTC on cryptocurrency exchanges. In the last seven days, Cosmos has traded 0.1% lower against the dollar. Cosmos has a total market capitalization of $3.02 billion and approximately $62.52 million worth of Cosmos was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 0.6% higher against the dollar and now trades at $14.31 or 0.00053449 BTC.
• Internet Computer (ICP) traded 0.1% higher against the dollar and now trades at $4.86 or 0.00018148 BTC.
• Hedera (HBAR) traded up 0.9% against the dollar and now trades at $0.0516 or 0.00000193 BTC.
• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.0602 or 0.00000225 BTC.
• NEAR Protocol (NEAR) traded 1% higher against the dollar and now trades at $1.60 or 0.00005959 BTC.
• Algorand (ALGO) traded 0.1% lower against the dollar and now trades at $0.15 or 0.00000563 BTC.
• Kava (KAVA) traded 0.8% higher against the dollar and now trades at $1.12 or 0.00004190 BTC.
• Theta Fuel (TFUEL) traded 0.3% higher against the dollar and now trades at $0.0408 or 0.00000153 BTC.
• Fetch.ai (FET) traded 1.7% higher against the dollar and now trades at $0.24 or 0.00000913 BTC.
• Moonbeam (GLMR) traded 0.2% higher against the dollar and now trades at $0.27 or 0.00001016 BTC.

About Cosmos

ATOM uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 311,198,867 coins and its circulating supply is 286,370,297 coins. Cosmos’ official website is cosmos.network. The official message board for Cosmos is blog.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 possible to purchase alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView