Cosmos (ATOM) Hits Market Cap of $4.34 Billion

Cosmos (ATOM) traded 1.6% higher against the US dollar during the one day period ending at 18:00 PM E.T. on April 6th. One Cosmos coin can now be bought for about $11.10 or 0.00016171 BTC on popular exchanges. Cosmos has a market capitalization of $4.34 billion and approximately $94.49 million worth of Cosmos was traded on exchanges in the last day. Over the last week, Cosmos has traded down 9.9% against the US dollar.

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

• Avalanche (AVAX) traded up 6% against the dollar and now trades at $47.98 or 0.00069906 BTC.
• Internet Computer (ICP) traded down 0.3% against the dollar and now trades at $16.97 or 0.00024723 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $6.99 or 0.00010180 BTC.
• Cronos (CRO) traded up 2.5% against the dollar and now trades at $0.14 or 0.00000211 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.11 or 0.00000154 BTC.
• Fetch.ai (FET) traded 0.2% higher against the dollar and now trades at $2.62 or 0.00003815 BTC.
• Algorand (ALGO) traded up 1.1% against the dollar and now trades at $0.23 or 0.00000339 BTC.
• Kava (KAVA) traded 2.7% higher against the dollar and now trades at $0.93 or 0.00001349 BTC.
• Akash Network (AKT) traded up 7.7% against the dollar and now trades at $4.21 or 0.00006157 BTC.
• Theta Fuel (TFUEL) traded 8.5% higher against the dollar and now trades at $0.0916 or 0.00000134 BTC.

About Cosmos

Cosmos uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The official website for Cosmos is 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 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.”

Cosmos Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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