Cosmos Reaches Market Cap of $1.73 Billion (ATOM)

Cosmos (ATOM) traded 0.5% lower against the dollar during the 24-hour period ending at 10:00 AM E.T. on March 2nd. Cosmos has a market cap of $1.73 billion and $88.53 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can now be purchased for $4.43 or 0.00005203 BTC on popular cryptocurrency exchanges. Over the last seven days, Cosmos has traded down 9.7% against the dollar.

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

• Hedera (HBAR) traded 6.4% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $21.70 or 0.00025515 BTC.
• NEAR Protocol (NEAR) traded up 2.6% against the dollar and now trades at $3.19 or 0.00003752 BTC.
• Internet Computer (ICP) traded up 2.7% against the dollar and now trades at $6.54 or 0.00007690 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0728 or 0.00000086 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $0.64 or 0.00000751 BTC.
• Kava (KAVA) traded up 1.7% against the dollar and now trades at $0.43 or 0.00000506 BTC.
• Akash Network (AKT) traded 0.7% lower against the dollar and now trades at $1.58 or 0.00001854 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0435 or 0.00000051 BTC.

Cosmos Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. It was first traded 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. The official website for Cosmos is cosmos.network. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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