UMA Market Cap Reaches $169.88 Million (UMA)

UMA (UMA) traded down 7.2% against the US dollar during the 1-day period ending at 16:00 PM ET on July 4th. One UMA token can currently be purchased for about $2.08 or 0.00003562 BTC on major cryptocurrency exchanges. UMA has a total market cap of $169.88 million and approximately $29.84 million worth of UMA was traded on exchanges in the last day. In the last seven days, UMA has traded 20.7% lower against the US dollar.

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

• KILT Protocol (KILT) traded down 3.2% against the dollar and now trades at $0.19 or 0.00000323 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.4% lower against the dollar and now trades at $0.0118 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About UMA

UMA was first traded on January 9th, 2020. UMA’s total supply is 120,062,562 tokens and its circulating supply is 81,740,278 tokens. UMA’s official message board is medium.com/uma-project. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official website for UMA is umaproject.org.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

Buying and Selling UMA

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

UMA/USD price chart by TradingView