Cosmos Tops One Day Trading Volume of $265.28 Million (ATOM)

Cosmos (ATOM) traded up 2.6% against the US dollar during the 1-day period ending at 10:00 AM Eastern on May 2nd. In the last week, Cosmos has traded up 3.9% against the US dollar. Cosmos has a total market cap of $3.38 billion and $265.28 million worth of Cosmos was traded on exchanges in the last 24 hours. One Cosmos coin can currently be purchased for approximately $8.65 or 0.00014826 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 2.7% higher against the dollar and now trades at $33.29 or 0.00057068 BTC.
• NEAR Protocol (NEAR) traded down 0.4% against the dollar and now trades at $6.00 or 0.00010289 BTC.
• Internet Computer (ICP) traded 3.2% higher against the dollar and now trades at $13.23 or 0.00022675 BTC.
• Hedera (HBAR) traded up 1.2% against the dollar and now trades at $0.0982 or 0.00000168 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.12 or 0.00000211 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $1.99 or 0.00003407 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.18 or 0.00000307 BTC.
• Akash Network (AKT) traded up 6% against the dollar and now trades at $4.10 or 0.00007004 BTC.
• Kava (KAVA) traded 3.3% higher against the dollar and now trades at $0.65 or 0.00001106 BTC.
• Theta Fuel (TFUEL) traded up 4.7% against the dollar and now trades at $0.10 or 0.00000172 BTC.

Cosmos Coin Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. Cosmos’ official website is cosmos.network. Cosmos’ official message board is blog.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 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