Cosmos (ATOM) Hits Market Cap of $1.13 Billion

Cosmos (ATOM) traded 4% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on February 17th. One Cosmos coin can currently be purchased for about $2.29 or 0.00003359 BTC on major cryptocurrency exchanges. Cosmos has a total market cap of $1.13 billion and approximately $85.84 million worth of Cosmos was traded on exchanges in the last 24 hours. During the last seven days, Cosmos has traded up 19.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0794 or 0.00000117 BTC.
• Hedera (HBAR) traded 0.1% higher against the dollar and now trades at $0.10 or 0.00000148 BTC.
• Avalanche (AVAX) traded 0.2% lower against the dollar and now trades at $9.20 or 0.00013504 BTC.
• Internet Computer (ICP) traded up 0% against the dollar and now trades at $2.40 or 0.00003527 BTC.
• NEAR Protocol (NEAR) traded up 1.4% against the dollar and now trades at $1.06 or 0.00001553 BTC.
• Algorand (ALGO) traded down 0.9% against the dollar and now trades at $0.0942 or 0.00000138 BTC.
• Fetch.ai (FET) traded down 0.3% against the dollar and now trades at $0.17 or 0.00000251 BTC.
• PayProtocol Paycoin (PCI) traded down 0.1% against the dollar and now trades at $0.0600 or 0.00000088 BTC.
• Theta Fuel (TFUEL) traded 0.3% lower against the dollar and now trades at $0.0150 or 0.00000022 BTC.
• Akash Network (AKT) traded 0% higher against the dollar and now trades at $0.34 or 0.00000495 BTC.

Cosmos Profile

ATOM uses the hashing algorithm. Its launch date was September 3rd, 2016. Cosmos’ total supply is 493,495,700 coins. 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. The official website for Cosmos is 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 possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to acquire Cosmos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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