Cosmos Price Hits $6.13 on Major Exchanges (ATOM)

Cosmos (ATOM) traded 0.6% lower against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on January 21st. Cosmos has a market capitalization of $2.40 billion and $278.63 million worth of Cosmos was traded on exchanges in the last 24 hours. Over the last seven days, Cosmos has traded 0.8% lower against the dollar. One Cosmos coin can now be purchased for about $6.13 or 0.00005853 BTC on popular exchanges.

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

• Avalanche (AVAX) traded down 2.8% against the dollar and now trades at $36.31 or 0.00034678 BTC.
• Hedera (HBAR) traded down 6.1% against the dollar and now trades at $0.33 or 0.00000320 BTC.
• NEAR Protocol (NEAR) traded 3.7% lower against the dollar and now trades at $5.12 or 0.00004894 BTC.
• Internet Computer (ICP) traded down 0.9% against the dollar and now trades at $9.84 or 0.00009402 BTC.
• Cronos (CRO) traded up 4% against the dollar and now trades at $0.14 or 0.00000131 BTC.
• Algorand (ALGO) traded 3.9% lower against the dollar and now trades at $0.43 or 0.00000410 BTC.
• Fetch.ai (FET) traded 0% lower against the dollar and now trades at $1.22 or 0.00001161 BTC.
• Akash Network (AKT) traded 3% lower against the dollar and now trades at $2.87 or 0.00002775 BTC.
• Kava (KAVA) traded up 2.4% against the dollar and now trades at $0.46 or 0.00000442 BTC.
• Theta Fuel (TFUEL) traded up 0.4% against the dollar and now trades at $0.0641 or 0.00000061 BTC.

Cosmos Coin Profile

Cosmos (ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. The official message board for Cosmos is blog.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 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 possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView