UMA Market Cap Hits $128.07 Million (UMA)

UMA (UMA) traded 3% higher against the dollar during the twenty-four hour period ending at 11:00 AM ET on March 2nd. In the last week, UMA has traded down 9.3% against the dollar. One UMA token can now be purchased for approximately $1.50 or 0.00001707 BTC on major cryptocurrency exchanges. UMA has a market cap of $128.07 million and $14.97 million worth of UMA was traded on exchanges in the last day.

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

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.95 or 0.00001086 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.7% higher against the dollar and now trades at $86,827.86 or 0.98779425 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.4% against the dollar and now trades at $85,483.95 or 0.97250527 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

UMA Profile

UMA was first traded on January 9th, 2020. UMA’s total supply is 123,561,778 tokens and its circulating supply is 85,363,756 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 presently possible to buy alternative cryptocurrencies such as UMA directly using U.S. dollars. Investors seeking to trade UMA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy UMA using one of the exchanges listed above.

UMA/USD price chart by TradingView