Cosmos (ATOM) Trading 2% Lower Over Last Week

Cosmos (ATOM) traded up 10.5% against the dollar during the 24 hour period ending at 23:00 PM ET on November 5th. One Cosmos coin can currently be purchased for approximately $4.41 or 0.00005901 BTC on major cryptocurrency exchanges. In the last seven days, Cosmos has traded 2% lower against the dollar. Cosmos has a market cap of $1.72 billion and approximately $118.00 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 14.7% against the dollar and now trades at $26.37 or 0.00035292 BTC.
• NEAR Protocol (NEAR) traded 14.8% higher against the dollar and now trades at $4.21 or 0.00005640 BTC.
• Internet Computer (ICP) traded up 11.5% against the dollar and now trades at $7.96 or 0.00010649 BTC.
• Fetch.ai (FET) traded up 16.7% against the dollar and now trades at $1.34 or 0.00001788 BTC.
• Cronos (CRO) traded up 14.2% against the dollar and now trades at $0.0813 or 0.00000109 BTC.
• Hedera (HBAR) traded 13.2% higher against the dollar and now trades at $0.0492 or 0.00000066 BTC.
• Algorand (ALGO) traded 7.3% higher against the dollar and now trades at $0.12 or 0.00000162 BTC.
• Akash Network (AKT) traded 6.4% higher against the dollar and now trades at $2.31 or 0.00003348 BTC.
• Kava (KAVA) traded 10.1% higher against the dollar and now trades at $0.33 or 0.00000443 BTC.
• Theta Fuel (TFUEL) traded 7% higher against the dollar and now trades at $0.0527 or 0.00000071 BTC.

Cosmos Coin Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. 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. 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 purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView