Cosmos (ATOM) Price Tops $6.49 on Exchanges

Cosmos (ATOM) traded 1% lower against the dollar during the 1 day period ending at 10:00 AM ET on January 9th. Over the last week, Cosmos has traded 2.4% lower against the dollar. One Cosmos coin can currently be bought for $6.49 or 0.00006924 BTC on popular cryptocurrency exchanges. Cosmos has a market cap of $2.54 billion and approximately $213.05 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 2.6% against the dollar and now trades at $37.01 or 0.00039476 BTC.
• Hedera (HBAR) traded down 1.3% against the dollar and now trades at $0.27 or 0.00000292 BTC.
• NEAR Protocol (NEAR) traded down 1.2% against the dollar and now trades at $5.06 or 0.00005399 BTC.
• Internet Computer (ICP) traded down 5.3% against the dollar and now trades at $10.43 or 0.00011119 BTC.
• Cronos (CRO) traded down 2.8% against the dollar and now trades at $0.14 or 0.00000149 BTC.
• Fetch.ai (FET) traded 0.6% lower against the dollar and now trades at $1.32 or 0.00001406 BTC.
• Algorand (ALGO) traded 3.3% lower against the dollar and now trades at $0.35 or 0.00000375 BTC.
• Akash Network (AKT) traded 6% lower against the dollar and now trades at $3.08 or 0.00003340 BTC.
• Kava (KAVA) traded up 3.7% against the dollar and now trades at $0.51 or 0.00000543 BTC.
• Theta Fuel (TFUEL) traded 3.4% higher against the dollar and now trades at $0.0684 or 0.00000073 BTC.

Cosmos Coin Profile

ATOM uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official message board 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. Cosmos’ official website is 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 presently possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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