UMA (UMA) Market Cap Achieves $162.71 Million

UMA (UMA) traded 3% lower against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on July 11th. One UMA token can now be bought for $1.99 or 0.00003502 BTC on major exchanges. UMA has a market cap of $162.71 million and $20.43 million worth of UMA was traded on exchanges in the last 24 hours. During the last seven days, UMA has traded up 7.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 0.6% lower against the dollar and now trades at $0.19 or 0.00000327 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 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 2.5% against the dollar and now trades at $0.0126 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Profile

UMA’s genesis date was January 9th, 2020. UMA’s total supply is 120,123,465 tokens and its circulating supply is 81,812,180 tokens. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. UMA’s official message board is medium.com/uma-project. 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 possible to purchase alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase UMA using one of the exchanges listed above.

UMA/USD price chart by TradingView