A Glimpse into Cosmos Ecosystem
With decentralized finance (DeFi) becoming the talk of the town, algorithm and science-backed cryptocurrencies seem to be ruling the blockchain world. While fiat currencies are losing their sheen in the recessionary phase of world economies, cryptocurrencies are gaining momentum. Currently ruling the exchange, Cosmos network is surging ahead with Tender Mint Core and its unique Byzantine Fault Tolerance having declared its investment worth $15 million. Cosmos cryptocurrency, more popularly known by its native token ATOM, has recently been active in the crypto market performing miracles. Before we start with actual Cosmos price prediction, let’s check detailed overview of the coin.
|Price Change 24H||+7.87%|
|Price Change 7D||+2.52%|
|Circulating Supply||210,767,263 ATOM|
|All Time High||$ 32.14|
|All Time Low||$ 1.13|
Cosmos (ATOM): The Mystery Decoded
Cosmos is described as “Blockchain 3.0”. The ecosystem not only features smart contract functionality but also offers a safe and highly secure system of transaction and trading with no middlemen involved. The company’s Hyperblocks subsidiary runs validators that help secure the Cosmos blockchain. Cosmos network uses an asynchronous Byzantine Fault Tolerant (aBFT) consensus model to validate transactions.
Blockchain algorithm being the center stage of this cryptocurrency, the entire phenomenon and fundamental focus of Cosmos (ATOM) is programmability. This allows the users to not only benefit from a digital money perspective but also using Cosmos for all marketplace transactions such as financial services, apps, games to name a few which can be built on the platform. It provides them global expansion, a wide network of users and dapps (decentralized applications), and continual developments and upgrades.
Cosmos (ATOM): The Global Advantage
ATOM users tend to send and receive payments in the currency of their choice through smart contracts as ATOM handles the conversion through atomic swaps between cross-chain crypto assets. More advantages follow……..
Multifunctional attributes of ATOM enable diversified uses of existing apps including security and safety of data and transactions.
- ATOM ensures accessibility especially in multiple Layer solutions
- Variety of Application platforms offered on ATOM creating a surreal experience.
- Intertradability is another key feature of ATOM via DEXs
- Mechanism of ATOM enables Scalability
- Features supporting mobile applications and developer kits are extremely user-friendly and have their independent algorithm.
- A plethora of DeFi apps can be posted on ATOM’s sidechains.
Cosmos (ATOM): Historical Data & Technical Analysis
Volatility is the hallmark of any cryptocurrencies and so is true for Cosmos as well. In December 2019 Cosmo started its gradual but steady performance. Even though it witnessed a fall in March 2020 to a low of $1.6, it had taken the recovery path. The Pandemic seems to have set the stage for Cosmos with its outstanding performance. Cosmos has beaten a record gain as per crypto forecasts by achieving the price of $6.5 ending the year on a positive note for trading.
Cosmos Forecast: Market Sentiment
The more, the merrier and so the more the experts, the more the opinions for Cosmos (ATOM) price predictions:
News: Based on our price predictions, a long-term increase is expected at Cosmos (ATOM) price, the prognosis for 2026 is $130.699 based on the current movements. With a 5-year investment, the revenue is expected to be around +683.94% in the cryptocurrency market. Wallet Investor
According to our Cosmos forecast, the ATOM might trade around $24.62 by the end of 2021 and $50.79 by 2025. Digital Coin Price
Based on the current price and our ATOM price predictions data, the Cosmos (ATOM) price has been on an uptrend for the past 1 year. Our price predictions take several variables into accounts such as volume changes, price changes, market cycles, and similar coins. Future ATOM/USD price is predicted at $33.863784 after a year according to our forecast. GOV Capital
Based on our ATOM price predictions, the maximum value might be around $13.52, a minimum price of $10.90 by the end of 2021. The average Cosmos (ATOM) price for December 2021 might be $11.99. Cosmos price forecasts at the end of 2021 might be around $12.64. Long Forecast
The Cosmos (ATOM) price is forecasted to reach $14 by the starting of December 2021. The expected maximum price is $17.765, minimum price $12.080. Based on our ATOM price predictions and analysis, The future price of this coin might cross $14.212 by the end of this year. Trading Beasts
According to Redditors’ price predictions, the ATOM price is set to surpass the expectations in the upcoming years. By 2025, the Cosmos (ATOM) price will breach the mark of $60.082. Reddit Community
Cosmos (ATOM) price predictions, the ATOM/USD will spike up and reach a price range of $26.84, eventually potentially scaling even to a whopping $1 trillion market cap as a result of the rise in demand for DeFi asset in the next five years to come by traders. CoinSkid
According to news and our ATOM price prediction, a lot of ATOM projects are in the pipeline awaiting release. Right from the beginning concept search phase to the testing phase and by the end of the year, a lot of new projects would have been completed, hence, all-around bullish price predictions of crossing an all-time high of price $21.0400 creating more opportunities to trade, buy cosmos making it a profitable investment. Coin Price Forecast
Cosmos Price Prediction: 2021-2025
Since the beginning of this year, the coin has reflected tremendous momentum. By the end of January 2021, the ATOM coin marked a sharp spike to $25 but after that, it plunged to $17. Then, from last month, Cosmos again marked a massive rally and registered a new all-time high of $32.14. However, recently, it faced a sharp decline. Cosmos price today stands around $16 with a market capitalization of $3,487,549,088 and a circulating supply of 210,767,263 ATOM. The 24 hr trading volume of Cosmos (ATOM) is $397,068,317.
Cosmos Price Prediction 2021
Updates will push the scalability of the Cosmos network to 1,00,000 transactions per second moving the blockchain from energy-intensive methodology. The network is super popular with numerous projects built on it, given the advancements are maintained we can see ATOM soar to $30 making it an all-time high.
Cosmos Price Prediction 2022
With multiple partnerships & collaborations and community funding, the market looks back at ATOM to perform reaching a level of $38, which is quite optimistic but surely feasible.
Cosmos Price Prediction 2023
With any changes in Govt. policies and regulations, the ATOM price may have its share of hazy days. If ATOM price holds the support at the 100 SMA firmly, buyers will then have ample time to sell Cosmos for gaining profit and stability. By the end of 2023, the predicted high of ATOM might be around $42.
Cosmos Price Prediction 2024
Racing up to climax will not be hence so difficult for Cosmos price as additional short-, medium-, and long-term price targets can be found to buy or sell ATOM. Starting with a minimum of $50 in the long term it may cross $55.
Cosmos Price Prediction 2025
ATOM/USD though plummeted but based on predictions and resistance level one of the most bullish on-chain metrics in favor of ATOM is the significant increase in the number of coins deposited into the contract. Cosmos (ATOM) price is set to show promising signs reaching a zenith of $60 by the end of 2025.
How does Cosmos ATOM price gain significance in the market?
It is nothing but the trust of investors that has made an upward surge in the Cosmos ATOM price. Proving its merit against competitors as in aforesaid predictions, Cosmos has withstood the test of times and is worth investor’s hard-earned money to buy and for trading.
Can Cosmos ATOM make you rich?
Indeed. ATOM could prove to be a very valuable and sustainable source of income provided you plan all your investments wisely and strategically. As a miner or regular investor of the currency, ATOM could prove to be a viable investment in the long term. There is no tested or proven way of getting rich quickly but investing in ATOM could prove worthwhile.
Is Cosmos a competitor to Ethereum?
No, Cosmos embraces Ethereum and creates bridges between both ecosystems.
Is Cosmos (ATOM) a good investment?
Yes. According to ATOM price predictions and its past history, the coin might cross the $30 price mark this year. It is more than just a bridge between blockchains and its functionalities make it a good option in the market.