Cosmos Price Tops $8.98 on Major Exchanges (ATOM)

Cosmos (ATOM) traded 3.1% lower against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on May 9th. One Cosmos coin can now be purchased for $8.98 or 0.00014494 BTC on popular exchanges. Cosmos has a total market capitalization of $3.51 billion and approximately $145.08 million worth of Cosmos was traded on exchanges in the last 24 hours. In the last seven days, Cosmos has traded 3.4% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $34.33 or 0.00055380 BTC.
• NEAR Protocol (NEAR) traded 2.5% higher against the dollar and now trades at $7.19 or 0.00011604 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $12.16 or 0.00019613 BTC.
• Hedera (HBAR) traded 1.5% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.13 or 0.00000203 BTC.
• Fetch.ai (FET) traded up 1.5% against the dollar and now trades at $2.24 or 0.00003621 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.19 or 0.00000305 BTC.
• Akash Network (AKT) traded up 15.9% against the dollar and now trades at $5.10 or 0.00008304 BTC.
• Kava (KAVA) traded up 0.1% against the dollar and now trades at $0.66 or 0.00001068 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.11 or 0.00000176 BTC.

Cosmos Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its launch date was 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. The official message board for Cosmos is blog.cosmos.network. 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.”

Cosmos Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView