Cosmos (ATOM): Overview and price analysis
Cosmos (ATOM) has been around for several years, and as the cryptocurrency market matures, investors are increasingly interested in the ATOM token. So how much is Cosmos worth? We will use various ATOM technical indicators to forecast ATOM price in this Cosmos price forecast. The current price of ATOM is $11.24.
What is Cosmos (ATOM)?
Cosmos (ATOM) is a decentralized network of independent, scalable and interoperable blockchains. This is a project that aims to solve some of the challenges facing the blockchain industry, such as scalability, usability and interoperability.
The Cosmos network is designed to allow multiple independent blockchains to interact with each other using the Inter-Blockchain Communication (IBC) protocol. This allows funds and data to be transferred between different blockchains within the Cosmos network, without the need for a central exchange.
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ATOM is the native cryptocurrency of the Cosmos network, used as a means of payment and as an investment mechanism for validators. Validators are responsible for securing the network by participating in consensus and governance.
Cosmos was launched in 2019 by Tendermint Inc, a software development company based in San Francisco. Since then, it has garnered a lot of attention in the blockchain community for its innovative approach to solving some of the industry's most pressing problems.
History of the Cosmos
Cosmos (ATOM) was developed by Tendermint Inc, a software development company based in San Francisco. Tendermint Inc. was founded by Jae Kwon, Ethan Buchman and Žarko Milošević in 2014.
Jae Kwon, CEO of Tendermint, is the inventor of the Tendermint consensus algorithm used in the Cosmos network. Ethan Buchman, CTO of Tendermint, is a blockchain engineer who has worked on several blockchain projects, including Ethereum. Žarko Milošević, COO of Tendermint, is a software engineer with experience in building distributed systems.
The Tendermint team worked together to develop the Cosmos network, with the goal of creating a scalable, interoperable and user-friendly blockchain ecosystem.
Price Forecast Cosmos Price Analysis
According to the latest data, Cosmos is currently worth $11.28, and ATOM is ranked 22nd in the entire crypto ecosystem. Cosmos has a circulating supply of 286,370,297 and a market capitalization of $3,213,263,335.
The current value of the cryptocurrency has decreased by 0.51% in the last 24 hours. If we compare the current market capitalization of ATOM with that of yesterday, we can see that the market capitalization has also decreased.
Cosmos is struggling to gain ground against other cryptocurrencies. Over the past seven days, ATOM has fallen almost -0.14%. In recent days, the coin has shown risky framing segments. Although the coin has strong fundamentals, we do not believe it will be a profitable asset anytime soon.
The price of ATOM has fallen -19.623% over the past month, representing a strong deduction of an average of $2.74 from its current value. This sharp decline indicates that the coin is currently at the bottom, which could be a good buying opportunity for a quick investment.
The 90-day price change was approximately 14.62%, with a minimum average price of $9.52 and a maximum average price of $10.02 over the past 90 days.
Cosmos has seen growth over the past four months. So we think similar market segments were very popular at that time. Trading volume for Cosmos has increased over the past four months, as the latest data shows.
Professional advice
CoinPriceForecast
“According to the news and our ATOM price predictions, many ATOM projects are in the pipeline and waiting to be announced. From the initial concept research phase to the testing phase and by the end of the year, many new projects would be completed, hence the general bullish price prediction, surpassing the all-time high for the cryptocurrency price of $49.27 and creating more trading opportunities to buy the cosmos, which makes it a worthwhile investment.
GOV capital
“Based on the current price and our ATOM price prediction data, the price of Cosmos (ATOM) has been in an uptrend for a year. Our price prediction takes into account several variables such as volume changes, price changes, market cycles and similar coins. According to our price forecast, the future price of ATOM will be $40.1106 after one year.”
Animal trading
“The price of Cosmos (ATOM) is predicted to be $30,123 by the beginning of December 2022. The maximum predicted price is $37,654 and the minimum price is $25,605. Based on our ATOM price prediction and price analysis, the future price of Cosmos coin could exceed $38 in the short term by the end of the year”.
Wallet Investor
“Based on our Cosmos price forecast and price analysis, no long-term growth in the price of Cosmos (ATOM) is expected, the forecast for 2023 is $1.055, based on current trends” .
Forecast of the movement of the cosmos
Prediction of the movement of the universe in 2023
Trading Education expects the Cosmos ecosystem to continue to grow and the demand for ATOM to increase. With a median price of $16 in 2023, their Cosmos price data predicts that ATOM could reach $20 or fall to $12.
In 2023, the price of Cosmos is expected to be as low as $14.26. According to Price Prediction, ATOM price could reach a peak of $16.93, with an expected average price of $14.70.
Prediction of the movement of the Cosmos in 2025
According to CoinPedia, the price could reach $81.0663 by the end of 2025. On the other hand, if the network loses speed due to the emergence of competitors and lack of interest, the price could fall to $40.5434. Taking into account the bullish and bearish targets, the average price could be $60.7079.
Cryptocurrency experts at Changelly have studied Cosmos prices and their fluctuations over the past few years. The minimum price of ATOM is expected to be $38.62 in 2025 and the maximum price is $45.87. The average store price will be $39.97.
Bitnation expects Cosmos to grow rapidly in 2025 as the cryptocurrency gains popularity across a range of industries. As a result, the price could reach $42.78, with an average of $39.40. The price of Cosmos could fall as low as $36.03.
Cosmos price forecast for 2030
According to CryptoNewsZ, the blockchain network is extremely popular, with many projects built on it; if the progress continues, the price of ATOM could reach $130 and reach an all-time high in 2030. Meanwhile, the annual minimum price could be $115.
Cosmos will leave its competitors far behind by 2030, as it offers the best and user-friendly technology for building cross-chain projects. The median ATOM price forecast for 2030 is $103.93, based on Trading Education Cosmos' long-term price growth predictions. Their prediction system predicts that ATOM will reach a high of $118.49 and a low of $89.37 in 2030.
FAQ
How much will Cosmos be worth in five years?
The concert ticket price is based on the concert ticket price. The value of Cosmos fluctuates dramatically because it is traded based on supply and demand.
Is ATOM profitable?
Yes, Cosmos is a profitable long-term investment worth considering. The profitability of the property is justified by its historical returns.
Can ATOM Make You Rich?
In power. ATOM has the potential to be a very valuable and long-term source of income if you plan all your investments intelligently and strategically. As a mine operator or a regular currency investor, ATOM could be a profitable long-term investment option. There is no proven way to get rich quick, but investing in ATOM can pay off.
