Cosmos Trading Down 5.2% Over Last 7 Days (ATOM)

Cosmos (ATOM) traded 0.9% higher against the US dollar during the 1 day period ending at 17:00 PM Eastern on July 10th. In the last seven days, Cosmos has traded down 5.2% against the US dollar. Cosmos has a market capitalization of $2.35 billion and approximately $92.82 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be purchased for $6.00 or 0.00010430 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $25.78 or 0.00044801 BTC.
• NEAR Protocol (NEAR) traded up 1.6% against the dollar and now trades at $4.60 or 0.00008001 BTC.
• Internet Computer (ICP) traded down 1.6% against the dollar and now trades at $7.15 or 0.00012423 BTC.
• Hedera (HBAR) traded 3.1% lower against the dollar and now trades at $0.0658 or 0.00000114 BTC.
• Cronos (CRO) traded down 2% against the dollar and now trades at $0.0843 or 0.00000147 BTC.
• Fetch.ai (FET) traded 1.6% lower against the dollar and now trades at $1.18 or 0.00002054 BTC.
• Algorand (ALGO) traded down 1.3% against the dollar and now trades at $0.14 or 0.00000240 BTC.
• Akash Network (AKT) traded down 0.6% against the dollar and now trades at $3.54 or 0.00006172 BTC.
• Theta Fuel (TFUEL) traded 0.6% higher against the dollar and now trades at $0.0661 or 0.00000115 BTC.
• Kava (KAVA) traded up 0.5% against the dollar and now trades at $0.38 or 0.00000668 BTC.

About Cosmos

Cosmos uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website is cosmos.network. 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 purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to trade Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView