Cosmos Achieves Market Capitalization of $1.76 Billion (ATOM)

Cosmos (ATOM) traded up 5.5% against the US dollar during the 24-hour period ending at 13:00 PM ET on October 14th. Cosmos has a total market capitalization of $1.76 billion and approximately $86.79 million worth of Cosmos was traded on exchanges in the last 24 hours. Over the last week, Cosmos has traded 3.1% lower against the US dollar. One Cosmos coin can now be purchased for about $4.50 or 0.00006836 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 2.7% higher against the dollar and now trades at $29.37 or 0.00044586 BTC.
  • NEAR Protocol (NEAR) traded up 7.4% against the dollar and now trades at $4.99 or 0.00007570 BTC.
  • Internet Computer (ICP) traded 5.7% higher against the dollar and now trades at $8.24 or 0.00012516 BTC.
  • Cronos (CRO) traded up 3.7% against the dollar and now trades at $0.0786 or 0.00000119 BTC.
  • Hedera (HBAR) traded 5.4% higher against the dollar and now trades at $0.0529 or 0.00000080 BTC.
  • Fetch.ai (FET) traded up 6.8% against the dollar and now trades at $1.51 or 0.00002286 BTC.
  • Algorand (ALGO) traded up 4.3% against the dollar and now trades at $0.13 or 0.00000190 BTC.
  • Akash Network (AKT) traded 3.7% higher against the dollar and now trades at $2.54 or 0.00003853 BTC.
  • Theta Fuel (TFUEL) traded up 4.7% against the dollar and now trades at $0.0630 or 0.00000096 BTC.
  • Kava (KAVA) traded up 4.4% against the dollar and now trades at $0.35 or 0.00000536 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The official website for Cosmos is cosmos.network. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. 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 currently 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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the aforementioned exchanges.

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