Cosmos Achieves Market Cap of $890.02 Million (ATOM)

Cosmos (ATOM) traded 1.8% higher against the US dollar during the 24 hour period ending at 9:00 AM E.T. on April 14th. In the last seven days, Cosmos has traded up 5% against the US dollar. One Cosmos coin can currently be bought for about $1.77 or 0.00002375 BTC on exchanges. Cosmos has a total market cap of $890.02 million and approximately $66.28 million worth of Cosmos was traded on exchanges in the last day.

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

• Cronos (CRO) traded up 3% against the dollar and now trades at $0.0703 or 0.00000094 BTC.
• Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $9.38 or 0.00012583 BTC.
• Hedera (HBAR) traded up 1% against the dollar and now trades at $0.0863 or 0.00000116 BTC.
• NEAR Protocol (NEAR) traded 2.1% higher against the dollar and now trades at $1.41 or 0.00001890 BTC.
• Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $2.47 or 0.00003313 BTC.
• Algorand (ALGO) traded up 7.1% against the dollar and now trades at $0.11 or 0.00000148 BTC.
• Fetch.ai (FET) traded up 0.9% against the dollar and now trades at $0.23 or 0.00000312 BTC.
• Akash Network (AKT) traded down 1.7% against the dollar and now trades at $0.45 or 0.00000606 BTC.
• PayProtocol Paycoin (PCI) traded up 2.3% against the dollar and now trades at $0.0548 or 0.00000074 BTC.
• Theta Fuel (TFUEL) traded up 1.5% against the dollar and now trades at $0.0113 or 0.00000015 BTC.

Cosmos Coin Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. Its genesis date was September 3rd, 2016. Cosmos’ total supply is 503,057,820 coins. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official website 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 Twitter account is @cosmos and its Facebook page is accessible here.

According to CryptoCompare, “Cosmos is a network of many independent blockchains, called zones. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors. Tendermint Core’s BFT consensus algorithm is well suited for scaling public proof-of-stake blockchains. The first zone on Cosmos is called the Cosmos Hub. The Cosmos Hub is a multi-asset proof-of-stake cryptocurrency with a simple governance mechanism which enables the network to adapt and upgrade. In addition, the Cosmos Hub can be extended by connecting other zones. The hub and zones of the Cosmos network communicate with each other via an inter-blockchain communication (IBC) protocol, a kind of virtual UDP or TCP for blockchains. Tokens can be transferred from one zone to another securely and quickly without the need for exchange liquidity between zones. Instead, all inter-zone token transfers go through the Cosmos Hub, which keeps track of the total amount of tokens held by each zone. The hub isolates each zone from the failure of other zones. Because anyone can connect a new zone to the Cosmos Hub, zones allow for future-compatibility with new blockchain innovations. The supply won’t be limited as the project plans to introduce a yearly inflatory model. Telegram, Discord, GitHub, Reddit, YouTubeWhitepaper”

Buying and Selling Cosmos

It is usually not presently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cosmos using one of the exchanges listed above.

ATOM/USD price chart by TradingView