Cosmos (ATOM) Price Reaches $9.17 on Major Exchanges

Cosmos (ATOM) traded up 2% against the U.S. dollar during the 24-hour period ending at 21:00 PM E.T. on May 8th. Cosmos has a market capitalization of $3.58 billion and $152.07 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can now be bought for approximately $9.17 or 0.00014928 BTC on exchanges. During the last week, Cosmos has traded 5.7% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 3.1% lower against the dollar and now trades at $34.24 or 0.00055765 BTC.
• NEAR Protocol (NEAR) traded 3.5% lower against the dollar and now trades at $6.93 or 0.00011292 BTC.
• Internet Computer (ICP) traded 3.4% lower against the dollar and now trades at $12.05 or 0.00019623 BTC.
• Hedera (HBAR) traded 1.3% lower against the dollar and now trades at $0.11 or 0.00000174 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.13 or 0.00000204 BTC.
• Fetch.ai (FET) traded 8.1% lower against the dollar and now trades at $2.17 or 0.00003535 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded down 7% against the dollar and now trades at $4.28 or 0.00006975 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Kava (KAVA) traded up 0.5% against the dollar and now trades at $0.66 or 0.00001073 BTC.

Cosmos Profile

Cosmos uses the hashing algorithm. It launched on 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. The official message board for Cosmos is blog.cosmos.network. Cosmos’ official website 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 US dollars. Investors seeking to acquire Cosmos should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView