Cosmos Achieves Market Capitalization of $2.42 Billion (ATOM)

Cosmos (ATOM) traded up 6.9% against the dollar during the 24 hour period ending at 10:00 AM E.T. on November 18th. During the last seven days, Cosmos has traded 15.4% higher against the dollar. One Cosmos coin can currently be bought for about $6.19 or 0.00006845 BTC on cryptocurrency exchanges. Cosmos has a market capitalization of $2.42 billion and $305.05 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 4.6% lower against the dollar and now trades at $34.94 or 0.00038625 BTC.
• NEAR Protocol (NEAR) traded down 0.3% against the dollar and now trades at $5.89 or 0.00006516 BTC.
• Cronos (CRO) traded up 9.9% against the dollar and now trades at $0.17 or 0.00000192 BTC.
• Hedera (HBAR) traded up 37.9% against the dollar and now trades at $0.12 or 0.00000133 BTC.
• Internet Computer (ICP) traded down 2.2% against the dollar and now trades at $9.21 or 0.00010183 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $1.30 or 0.00001436 BTC.
• Algorand (ALGO) traded up 11.6% against the dollar and now trades at $0.21 or 0.00000235 BTC.
• Akash Network (AKT) traded 14.4% higher against the dollar and now trades at $3.77 or 0.00004176 BTC.
• Kava (KAVA) traded 1.2% higher against the dollar and now trades at $0.46 or 0.00000513 BTC.
• Theta Fuel (TFUEL) traded 7.5% higher against the dollar and now trades at $0.0712 or 0.00000079 BTC.

Cosmos Profile

Cosmos (ATOM) uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 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 presently possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, 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