Umee (UMEE) Reaches Self Reported Market Capitalization of $3.34 Million

Umee (UMEE) traded down 1.6% against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on November 2nd. Over the last week, Umee has traded down 11.9% against the U.S. dollar. Umee has a market capitalization of $3.34 million and $72,799.97 worth of Umee was traded on exchanges in the last day. One Umee token can currently be purchased for $0.0008 or 0.00000001 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 1.9% against the dollar and now trades at $69,309.45 or 0.99886971 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.9% against the dollar and now trades at $69,201.48 or 0.99731367 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Umee Token Profile

Umee’s launch date was February 14th, 2022. Umee’s total supply is 12,303,154,593 tokens and its circulating supply is 4,432,500,000 tokens. Umee’s official Twitter account is @ux_xyz and its Facebook page is accessible here. The official website for Umee is www.ux.xyz. Umee’s official message board is medium.com/umeeblog. The Reddit community for Umee is https://reddit.com/r/umeecrosschain and the currency’s Github account can be viewed here.

According to CryptoCompare, “UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.”

Buying and Selling Umee

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

UMEE/USD price chart by TradingView