Cosmos Price Prediction 2022: Atom Trades Higher as Outlook Improves

Cosmos Price Prediction 2022: Atom Trades Higher as Outlook Improves
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Cosmos Price Prediction 2022: For the Next 24 Hours, the momentum of the ATOM coin is predicted to be Bullish. The current outlook is Positive (Positive: 100% Negative: 0%)

The latest Price of Cosmos (Atom) is:

Cosmos Price Prediction 2022: Technical Analysis

Cosmos Price Prediction 2022: Social Media Buzz

Volume
Trend
15.6 K
Higher
9.1 M
Higher

Atom Price Prediction 2022: Market Cap and Volume


Trend

Market Cap Rank
23rd
Higher

Total Market Cap
$ 6.10 M
Higher

Total Volume
$ 523 M
Higher

Cosmos Price Prediction 2022: Google Search

The Google search volume for Cosmos Crypto is higher than its last 24 hours level.

Cosmos Price Prediction 2022: Latest Videos

Cosmos Price Prediction 2022: Latest Tweets

Altcoin Fear and Greed Index on Twitter: “#Cosmos Fear and Greed Index is currently 28 – FEAR24h technical analysis index: 50 – HOLDRelative Strength Index: 50Current #ATOM price is 21.131716876554623 usdLive #crypto analysis for $ATOM and 100 other #altcoins and #cryptocurrencies pic.twitter.com/kgxZL8AcL7 / Twitter”

Cosmos Fear and Greed Index is currently 28 – FEAR24h technical analysis index: 50 – HOLDRelative Strength Index: 50Current #ATOM price is 21.131716876554623 usdLive #crypto analysis for $ATOM and 100 other #altcoins and #cryptocurrencies pic.twitter.com/kgxZL8AcL7

Cosmos Price Prediction: Today’s Outlook

Indicator
Trend
Price
Higher
Technical
Buy
Market Cap Rank
Higher
Google Search Traffic
Higher
Trading Volume
Higher
Social Media Buzz (Relative to Others)
Higher

Cosmos Price Prediction 2022: What is Atom Crypto?

ATOM  is a crypto asset owned by the Cosmos network. This network is a highly scalable, independent, and interoperable decentralized network that fosters the foundation for a new token economy. It claims to solve some of the “hardest problems” the blockchain industry faces.

The Cosmos ecosystem is backed by consensus algorithms and the Inter-Blockchain Communication (IBC) protocol, allowing users to easily exchange assets and data across blockchains.

Cosmos (ATOM) crypto was launched in 2017 by Jae Kwon, Zarko Milosevic and Ethan Buchman. It has three primary use cases: spam prevention, Staking, and governance. In 2019, ATOM traded in a bearish market. Its price fell from $7.38 to $3.30 by 25 April. However, the price gained momentum, tapping $7.01 on 17 June before bottoming at $1.94 by 5 September. Finally, it closed the year at $4.21 as of 31 December 2019.

Since 2020, ATOM’s price has plummeted, reaching $1.65 on 12 March. This price action turned bullish after pushing the price to hit $8.52 on 23 August, a rise of 416% from the March bottom. However, it closed the year on a bullish note at $6.49 as of 31 December 2020.

Cosmos Price Prediction 2022: How did ATOM Perform In 2021?

2021 proved to be a remarkable year for the ATOM token as bulls continued to increase the price. It reached $9.49 on 18 January before falling to $6.98 on 27 January. A powerful leg of the bull run lasted between January and February, and the price reached $25.19 on 16 February, a rise of 260% from January’s bottom. 

ATOM traded on a bearish note between May and June, and the price bottomed at $8.97 on 22 June. However, June’s bottom marked the beginning of a massive bull run which took the ATOM token to the all-time-high price of $44.7 on 20 September. It closed the year at $32.47, 27% lower than the ATH. 

Cosmos Price Prediction 2022: Analysts Estimation

Date 
Price 
Average ATOM Price Prediction 2022
April 28th, 2022
 $31.27
April 2022
$23.35
Dec 2022
$41.71
Dec 2022
$28.75

ATOM Price Prediction 2022: Some Facts

  • Cosmos is well-known as the “internet of blockchains.”
  • Cosmos has over 255+ apps running on its network
  • The platform is fully customizable so developers can easily create and issue new blockchain applications
  • Binance launched its own blockchain dubbed Binance Chain, which utilizes Tendermint at its core.

Is Cosmos (Atom) a Good Investment? 

  • Cosmos is based on a proof-of-stake consensus mechanism. Therefore, ATOM holders can earn a share of the network’s block rewards and transaction fees by staking, either by using own validator node or delegating their ATOM coins to a validator.
  • Cosmos is an interoperable, highly scalable blockchain network that can multiple smart contracts, making it one of most preferred among dApp developers who want to build efficient cross-chain decentralized applications (dApps).
  • Each change, upgrade, or feature activation in the Cosmos protocol depends highly on ATOM holders’ approval. 
  • Cosmos solves three major blockchain issues sovereignty, scalability and sustainability.
  •  ATOM has a circulating supply quarter times same as Polkadot (DOT), but with a 30% lower price. ATOM is around 77% cheaper than Avalanche (AVAX), with approximately the same circulating supply. If Cosmos (ATOM) can continue to lure projects to its network, there would be plenty of room for price appreciation.

Recent News

  • Cosmos gets Interchain Accounts as new upgrade Hub Theta kicks in
  • Cosmos hits Milestone as Blockchain Developer launches $150M Accelerator Fund
  • Cosmos-based Gravity DEX rebrands and moves to a new blockchain, namely  B-Harvest.

Cosmos Price Prediction 2022: How can you buy ATOM?

Follow these simple steps if you wish to buy ATOM:

  • Select a Crypto exchange that supports ATOM.
  • Create an account with the Exchange.
  • Verify your identity.
  • Fund the wallet.
  • Make the purchase.

Where can you purchase ATOM?

  • Binance 
  • Kraken
  • Bybit
  • FTX
  • BingX
Cosmos Price Prediction 2022: Atom Trades Higher as Outlook Improves

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

Read: Ethereum Name Service Price Prediction

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