Umee (UMEE) Trading 15.7% Lower Over Last 7 Days

Umee (UMEE) traded up 4.2% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on March 2nd. One Umee token can now be bought for approximately $0.0004 or 0.00000001 BTC on popular exchanges. During the last week, Umee has traded 15.7% lower against the U.S. dollar. Umee has a total market capitalization of $1.95 million and $68,959.20 worth of Umee was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded down 2.7% against the dollar and now trades at $0.94 or 0.00001104 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.2% higher against the dollar and now trades at $85,437.73 or 1.00373220 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $85,330.83 or 1.00247631 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Umee Profile

Umee was first traded on February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here. The official message board for Umee is medium.com/umeeblog. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here. The official website for Umee is www.ux.xyz.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Buying and Selling Umee

It is usually not possible to buy alternative cryptocurrencies such as Umee directly using U.S. dollars. Investors seeking to acquire Umee should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Umee using one of the aforementioned exchanges.

UMEE/USD price chart by TradingView