UMA (UMA) Achieves Market Capitalization of $211.19 Million

UMA (UMA) traded 3.6% lower against the dollar during the one day period ending at 12:00 PM ET on November 1st. One UMA token can currently be bought for $2.46 or 0.00003525 BTC on major exchanges. Over the last seven days, UMA has traded down 12.4% against the dollar. UMA has a total market cap of $211.19 million and approximately $15.27 million worth of UMA was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1% lower against the dollar and now trades at $70,034.57 or 1.00362293 BTC.
• SolvBTC (SOLVBTC) traded down 1.3% against the dollar and now trades at $69,806.97 or 1.00036136 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA’s genesis date was January 9th, 2020. UMA’s total supply is 121,880,426 tokens and its circulating supply is 85,867,877 tokens. UMA’s official website is umaproject.org. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. UMA’s official message board is medium.com/uma-project.

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.”

UMA Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as UMA directly using U.S. dollars. Investors seeking to acquire UMA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly 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