Atom crypto news
The week has ended positively for Bitcoin which has made a move up to resistance, gaining 3 percent on the day. The same cannot be said for the majority of the other crypto coins, which are still languishing at lows and unable to get in gear. That is all except one which has taken off like a rocket today in a move reminiscent of the altcoin pumps. It is another day of tedium for crypto markets and altcoins, with most of them lulling around the bottom of the digital pond with less momentum than an ageing sloth. Only one shining star is among them at the moment and it has just had a price pump rarely seen for any crypto asset in recent times. According to the blurb on its website, Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms.
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Content:
- Cosmos (ATOM) Closes In on Peak Levels
- Cosmos price prediction: Is the ATOM bull run still intact?
- Cosmos Defies Crypto Crush With 30% Surge For ATOM
- Cosmos (ATOM) coin is up 6% today: here is where to buy it
- eToro adds ATOM, GRT, CRV and 1INCH to crypto line up
- Cosmos Price (ATOM INR)
- Cosmos Network Review: ATOM & The Internet of Blockchains
- Cryptocurrency Wallet
Cosmos (ATOM) Closes In on Peak Levels
Below, you will see the key metrics that we have taken into consideration upon coming up with our ATOM price analysis and prediction. Among the cryptocurrencies that are spiking high this year, ATOM is perhaps one of the most surprising for some. It is not directly connected to the crypto king Bitcoin , nor is it the most hyped digital currency today.
But for those that are aware, ATOM has been around since We will find out shortly. Cosmos explains itself as a platform that solves few of the hardest issues facing the blockchain space. Moreover, it focuses on providing an antidote to slow, expensive, unscalable, and environmentally harmful proof-of-work protocol. Furthermore, an Interblockchain Communication protocol creates it easier for blockchain space to communicate with each other safeguarding fragmentation in the industry.
Even more, since then the coin has faced many challenges. Join me and let us see the charts in this ATOM price prediction. The price of ATOM has increased by 3. Furthermore, ATOM has a current circulating supply of ,, But will the latest upgrades, developments, and changes in the ATOM blockchain help the cryptocurrency price to reach higher?
Based on the chart above, ATOM positions itself along with the raging bulls. A descending channel is the price action that occurs in a downward direction through a falling parallel line.
More so, the chart shows the lower highs and lower Lows forms this price pattern. In addition, this pattern represents a short-term bullish. In other words, ATOM is gearing itself for a possible bullish rally in the days to come.
If this happens, the crypto might go beyond its resistance level and reach the bullish price. Of course, this is most likely to happen if the bullish market continues to reside with ATOM. Conversely, if the bulls turn against crypto, the price of ATOM might fall. In short, ATOM might break out from its uptrend position and nosedive to a bearish price.
Indeed, this price level is not a good picture in the eyes of the investors. Hence, this may lead to a price reversal at any given time. Therefore, traders must trade crypto carefully and must not be affected by the market hype. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, ATOM has a competitive market this The chart below shows that ATOM has performed great over the past few days. Conversely, if the investors turn against the crypto, the bears might take over and dethrone ATOM from its uptrend position.
Meanwhile, our long-term ATOM price prediction is bullish. Moreover, it is possible for ATOM to reach this level this year. Then the rise will slow down, but no major falls are expected. As per the latest upgrades, developments, ATOM price prediction, and new project forecasts of the platform, ATOM investors could expect many partnerships and integrations around More so, reaching this level could not be so difficult for ATOM as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders.
ATOM has a bright future ahead of it in Its native token is ATOM. ATOM is a good investment in No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies. Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles.
She has covered several different blockchain and crypto niches, especially altcoins. Join over million readers and get the latest posts delivered straight to your inbox. CoinQuora is an independent media organization that exists to inform and educate our readers regarding the latest news and updates in the crypto and blockchain industry. What is ATOM? Is ATOM a good investment in ? What will be the Cosmos price by ?
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Cosmos price prediction: Is the ATOM bull run still intact?
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Cosmos Defies Crypto Crush With 30% Surge For ATOM
The Cosmos ecosystem saw a major upgrade in March with the launch of the Inter-Blockchain Communication IBC protocol, which allows independent blockchains to connect to each other permissionlessly to exchange data and value. Over 1. IBC has allowed for the creation of an entirely new cross-chain industry, said Peng Zhong, CEO of Tendermint, a core contributor to the Cosmos ecosystem, in a recent interview with Forkast. I might predict over by end of next year. Since then, Tendermint has gone on to develop Cosmos infrastructure and tools such as the Tendermint Core engine, Cosmos SDK and IBC protocol to help developers and projects build their own blockchains quickly and enable the exchange of data and tokens across blockchains. The following Forkast. News interview with Zhong has been edited and condensed. Cosmos is an ecosystem of interoperable yet autonomous blockchains that are able to exchange information and tokens between each other permissionlessly.
Cosmos (ATOM) coin is up 6% today: here is where to buy it
The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market. The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market. It includes coins that have been already created, minus any coins that have been burned.
eToro adds ATOM, GRT, CRV and 1INCH to crypto line up
Binance has the lowest transaction fee rate amongst all major trading platforms. The highest and lowest price paid for this asset in 24 hours. All Time High. The highest price paid for this asset since it was launched or listed. Price Change 1h. The percent change in trading volume for this asset compared to 1 hour ago.
Cosmos Price (ATOM INR)
ATOM is the native token of Cosmos, a decentralized network that provides open-source tools for developers to create their own interoperable blockchains. One of the biggest problems with blockchains is they are created independently and very few have the ability to transfer data between one another. The process is similar to depositing cash into a bank account to generate interest over time. Stakers earn the rewards for their work securing the network. Cosmos is one of the best-known platforms trying to fix that problem by allowing blockchains to connect to each other. Tendermint is a software company that is a core contributor to the Cosmos network. Cosmos also provides developers with prebuilt modules that allow them to quickly deploy new blockchains that can be customized for specific use cases.
Cosmos Network Review: ATOM & The Internet of Blockchains
Read More. Please change the wallet network. Change the wallet network in the MetaMask Application to add this contract.
Cryptocurrency Wallet
RELATED VIDEO: Cosmos Atom: The Next Top 10 Crypto?Vivid evolution across the blockchain arena has quickly gained the attention of the mainstream with a plethora of benefits. In contrast, their attention is concurrently yielded to various bottlenecks and glitches are preventing it from vast adoption. However, Cosmos emerged to resolve the hardest problems existing in the blockchain industry. Cosmos ATOM price recently boomed and surprised many including many big hands. Record-breaking volumes were registered which were missing since inception that rallied the price to new highs. Do you wish to hold cosmos coin or already have your share and want to explore its future?
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. Cosmos cryptocurrency, more popularly known by its native token ATOM, has recently been active in the crypto market performing miracles. 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. 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.
Due to the steady development and popularization of the ideas of the cryptocurrency community, the modern crypto market is constantly in need of new technical and conceptual solutions that could improve user interaction with crypto. Cosmos is an ecosystem made up of blockchains that can interact with each other. Until its creation, each blockchain was isolated and could not intersect with the rest of bullish on-chain metrics.
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