Cosmos (ATOM) Price Hits $8.78

Cosmos (ATOM) traded 0.9% higher against the dollar during the 1 day period ending at 22:00 PM Eastern on May 3rd. In the last week, Cosmos has traded 7.6% higher against the dollar. One Cosmos coin can currently be purchased for $8.78 or 0.00013948 BTC on major exchanges. Cosmos has a market cap of $3.43 billion and $120.12 million worth of Cosmos was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 4.4% higher against the dollar and now trades at $35.56 or 0.00056470 BTC.
• NEAR Protocol (NEAR) traded up 10.4% against the dollar and now trades at $6.88 or 0.00010922 BTC.
• Internet Computer (ICP) traded 1.4% higher against the dollar and now trades at $13.53 or 0.00021483 BTC.
• Hedera (HBAR) traded up 9.7% against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cronos (CRO) traded up 2.8% against the dollar and now trades at $0.13 or 0.00000213 BTC.
• Fetch.ai (FET) traded 7.4% higher against the dollar and now trades at $2.19 or 0.00003470 BTC.
• Algorand (ALGO) traded up 4.8% against the dollar and now trades at $0.19 or 0.00000304 BTC.
• Akash Network (AKT) traded 0.5% higher against the dollar and now trades at $4.25 or 0.00006751 BTC.
• Kava (KAVA) traded up 2.5% against the dollar and now trades at $0.69 or 0.00001088 BTC.
• Theta Fuel (TFUEL) traded 4.6% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.

Cosmos Coin Profile

Cosmos (ATOM) uses the hashing algorithm. It was first traded on September 3rd, 2016. Cosmos’ total supply is 390,930,671 coins. 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. The official message board for Cosmos is blog.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.”

Buying and Selling Cosmos

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

ATOM/USD price chart by TradingView