UMA (UMA) Reaches Market Capitalization of $181.08 Million

UMA (UMA) traded down 1% against the US dollar during the 1-day period ending at 13:00 PM Eastern on September 11th. UMA has a market capitalization of $181.08 million and $16.90 million worth of UMA was traded on exchanges in the last 24 hours. One UMA token can currently be bought for $2.20 or 0.00003847 BTC on cryptocurrency exchanges. During the last week, UMA has traded 2.7% lower against the US dollar.

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

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 2.6% lower against the dollar and now trades at $0.0605 or 0.00000106 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

UMA Profile

UMA launched on January 9th, 2020. UMA’s total supply is 120,876,439 tokens and its circulating supply is 82,494,681 tokens. UMA’s official message board is medium.com/uma-project. UMA’s official website is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here.

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 possible to buy alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy UMA using one of the exchanges listed above.

UMA/USD price chart by TradingView