Convert and Swap Cosmos ATOM to United States Dollar USD
ATOM/USD: 1 Cosmos equals $6.55 USD
Last update: 5:36 PM, December 22, 2024
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Cosmos is falling this week.
The current price of Cosmos is $6.55 per ATOM. With a circulating supply of 390,934,204 ATOM, it means that Cosmos has a total market cap of $2,556,849,385.31. The amount of Cosmos traded has fallen by $46,259,383.72 in the last 24 hours, which is a 20.88% decrease. Additionally, in the last day, $221,551,106.23 worth of ATOM has been traded.
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About Cosmos
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
Cosmos, represented by the ATOM token, is a project that aims to address some of the most challenging issues in the blockchain industry. It seeks to provide an alternative to proof-of-work protocols, which are often criticized for being slow, costly, unscalable, and environmentally damaging. Cosmos strives to create an ecosystem of interconnected blockchains, simplifying the technology for developers through a modular framework and facilitating communication between different blockchain networks. The ATOM tokens, earned through a hybrid proof-of-stake algorithm, play a crucial role in maintaining the security of the Cosmos Hub, the project's primary blockchain, and in the network's governance.
Cosmos operates on a three-layer network: the application layer, the networking layer, and the consensus layer. The application layer processes transactions and updates the network's state, the networking layer enables communication between transactions and blockchains, and the consensus layer assists nodes in agreeing on the system's current state. Cosmos employs a set of open-source tools to connect these layers and enable developers to build decentralized apps. The project uses a proof-of-stake consensus algorithm, where validator nodes that stake a higher quantity of ATOM tokens are more likely to be chosen to verify transactions and earn rewards. Nodes found to be acting dishonestly can be penalized, potentially losing their staked tokens.
Cosmos aims to address the fragmentation in the blockchain industry by enabling communication between different blockchain networks. It seeks to make blockchain technology more accessible and less complex for developers through its modular framework, which simplifies the creation of decentralized apps. Cosmos also prioritizes scalability, aiming to process significantly more transactions per second than traditional blockchains. This scalability could potentially enable blockchains to cope with demand on par with existing payment processing companies or websites, paving the way for mainstream adoption of blockchain technology.
The origins of Cosmos can be traced back to 2014 with the founding of Tendermint, a core contributor to the network. In 2016, a white paper for Cosmos was published, and a token sale was held the following year. The co-founders of Tendermint, Jae Kwon, Zarko Milosevic, and Ethan Buchman, played a significant role in the development of Cosmos. Kwon, who stepped down as CEO in 2020 but remains a principal architect, was replaced by Peng Zhong. The Cosmos network has undergone significant changes since its inception, with a focus on enhancing the experience for developers, fostering an enthusiastic community, and building educational resources to increase awareness of the network's capabilities.
How Cosmos and United States Dollar differ
Cosmos, symbolized by the ATOM token, is a blockchain project that aims to address some of the industry's most pressing issues, such as slow transaction speeds, high costs, scalability limitations, and environmental impact. It seeks to create an ecosystem of interconnected blockchains, simplifying the technology for developers and facilitating communication between different blockchain networks. On the other hand, the US Dollar (USD) is a traditional fiat currency issued and regulated by the Federal Reserve, the central bank of the United States. Unlike Cosmos, which operates on a decentralized, peer-to-peer network, the USD is centralized and its value is influenced by factors such as inflation, interest rates, and government policy. While ATOM tokens are earned through a hybrid proof-of-stake algorithm and play a crucial role in maintaining the security and governance of the Cosmos network, USD is physically printed or digitally created by the Federal Reserve and plays a central role in the global economy. Furthermore, Cosmos aims to make blockchain technology more accessible and scalable, potentially enabling blockchains to handle demand on par with existing payment processing companies, whereas the USD, as a traditional currency, does not have such technological aspirations.
Frequently asked questions
How much is 1 Cosmos in USD?
Right now, 1 Cosmos is worth about $6.55.
How much ATOM could I buy for 1 USD?
Based on the current rate, you could get 0.15 ATOM for 1 USD.
How much has the price of Cosmos changed?
Cosmos price has been on the rise. Since yesterday, the exchange rate of Cosmos has increased. Since last month, the exchange rate of Cosmos has decreased. Since this time last year, the price of Cosmos has decreased.
How do I calculate or convert ATOM to USD?
You can use our ATOM to USD calculator at the top of this page to convert any amount of ATOM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.76 ATOM. Inversely, 5 ATOM will cost about $32.74
How can I buy 1 Cosmos on Coinbase?
Cosmos is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Cosmos.
What are assets similar to Cosmos that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Cosmos, including SHIBA INU, Dai, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Cosmos.
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The exchange rate of Cosmos is decreasing.
The current value of 1 ATOM is $6.55 USD. In other words, to buy 5 Cosmos, it would cost you $32.74 USD. Inversely, $1.00 USD would allow you to trade for 0.15 ATOM while $50.00 USD would convert to 7.64 ATOM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 27.68%. Meanwhile, in the last 24 hours, the rate has changed by 0.83%, and that the the highest exchange rate of 1 ATOM to United States Dollar was $6.73 USD and the lowest 24 hour value was 1 ATOM for $6.33 USD. This time last month, the value of 1 ATOM was $7.18 USD, which is a 9.46% increase from where it is now. Looking back a year, Cosmos has changed by $11.41 USD. That means that in a single year, the value of Cosmos has shrank by 42.91%.
ATOM to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$6.59 USD | -0.83% | $9.08 USD | -27.68% | $7.18 USD | -9.46% | $11.41 USD | -42.91% |
ATOM to USD
Amount | Today at 5:36 pm |
|---|---|
0.5 ATOM | $3.27 |
1 ATOM | $6.55 |
5 ATOM | $32.74 |
10 ATOM | $65.49 |
50 ATOM | $327.43 |
100 ATOM | $654.85 |
500 ATOM | $3,274.25 |
1,000 ATOM | $6,548.50 |
USD to ATOM
Amount | Today at 5:36 pm |
|---|---|
0.5 USD | 0.0764 ATOM |
1 USD | 0.15 ATOM |
5 USD | 0.76 ATOM |
10 USD | 1.53 ATOM |
50 USD | 7.64 ATOM |
100 USD | 15.27 ATOM |
500 USD | 76.35 ATOM |
1,000 USD | 152.71 ATOM |
Today vs. 24 hours ago
Amount | Today at 5:36 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 ATOM | $3.27 | $3.27 | +0.21% |
1 ATOM | $6.55 | $6.53 | +0.21% |
5 ATOM | $32.74 | $32.67 | +0.21% |
10 ATOM | $65.49 | $65.35 | +0.21% |
50 ATOM | $327.43 | $326.73 | +0.21% |
100 ATOM | $654.85 | $653.45 | +0.21% |
500 ATOM | $3,274.25 | $3,267.27 | +0.21% |
1,000 ATOM | $6,548.50 | $6,534.53 | +0.21% |
Today vs. 1 month ago
Amount | Today at 5:36 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 ATOM | $3.27 | $3.58 | -8.53% |
1 ATOM | $6.55 | $7.16 | -8.53% |
5 ATOM | $32.74 | $35.80 | -8.53% |
10 ATOM | $65.49 | $71.60 | -8.53% |
50 ATOM | $327.43 | $357.98 | -8.53% |
100 ATOM | $654.85 | $715.95 | -8.53% |
500 ATOM | $3,274.25 | $3,579.75 | -8.53% |
1,000 ATOM | $6,548.50 | $7,159.51 | -8.53% |
Today vs. 1 year ago
Amount | Today at 5:36 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 ATOM | $3.27 | $5.69 | -42.47% |
1 ATOM | $6.55 | $11.38 | -42.47% |
5 ATOM | $32.74 | $56.91 | -42.47% |
10 ATOM | $65.49 | $113.82 | -42.47% |
50 ATOM | $327.43 | $569.11 | -42.47% |
100 ATOM | $654.85 | $1,138.22 | -42.47% |
500 ATOM | $3,274.25 | $5,691.09 | -42.47% |
1,000 ATOM | $6,548.50 | $11,382.19 | -42.47% |
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