Cosmos (ATOM) Price Hits $4.59 on Major Exchanges

Cosmos (ATOM) traded down 3.5% against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on October 23rd. In the last week, Cosmos has traded up 3.6% against the U.S. dollar. One Cosmos coin can currently be purchased for about $4.59 or 0.00007026 BTC on major exchanges. Cosmos has a total market capitalization of $1.80 billion and approximately $106.14 million worth of Cosmos was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 6% against the dollar and now trades at $26.00 or 0.00039778 BTC.
• NEAR Protocol (NEAR) traded down 4.3% against the dollar and now trades at $4.48 or 0.00006848 BTC.
• Internet Computer (ICP) traded up 0.2% against the dollar and now trades at $7.96 or 0.00012174 BTC.
• Cronos (CRO) traded 3.2% lower against the dollar and now trades at $0.0746 or 0.00000114 BTC.
• Hedera (HBAR) traded down 3.5% against the dollar and now trades at $0.0502 or 0.00000077 BTC.
• Fetch.ai (FET) traded 4.7% lower against the dollar and now trades at $1.29 or 0.00001969 BTC.
• Algorand (ALGO) traded down 4.6% against the dollar and now trades at $0.12 or 0.00000181 BTC.
• Akash Network (AKT) traded 2.8% lower against the dollar and now trades at $2.40 or 0.00003641 BTC.
• Theta Fuel (TFUEL) traded 4.6% lower against the dollar and now trades at $0.0576 or 0.00000088 BTC.
• Kava (KAVA) traded down 6.9% against the dollar and now trades at $0.34 or 0.00000518 BTC.

Cosmos Coin Profile

Cosmos uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 390,934,204 coins. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here. 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.

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 currently possible to buy alternative cryptocurrencies such as Cosmos directly using U.S. dollars. Investors seeking to trade Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView