Cosmos or
ATOM has been under various spotlights lately due to a series of events. Predictions suggest by 2024, 2025, and 2030,
ATOM price could potentially reach $25. However, conflicts within the Cosmos network led to its founder calling for a chain split, causing ATOM's value to dip slightly. Despite that, Dora Factory made history by announcing a massive $DORA airdrop to over 1 million ATOM stakers in the Largest MACI Voting Round Ever. Meanwhile, Grayscale fund has decided to drop ADA and ATOM after quarterly rebalancing. The changes within the Cosmos network forced StakeVault.Network to launch Validator Services for ETH, ATOM, TIA, and SUI.
Cosmos Hub revealed its new Cross-Chain Protocol called Valence, around the same time it declined a proposal to decrease InflationMin Parameter to 0%. The
ATOM inflation rate reduction by Cosmos developers was greenlit for enhanced security. Experts also cast doubts over the potential of Filecoin and Cosmos(ATOM) to hit new highs this cycle.
Atomic swaps concept was introduced to enhance cryptocurrency trades and Cosmos was part of the picture. The ATOM price took another leap despite the bearish sentiment in the market, and a new wave of altcoins on the Cosmos network showed moonshot potential. However, the presence of conflict saw the Cosmos founder deciding to fork Cosmos Hub, this time in protest against ATOM's reduced production.
ATOM Coin News Analytics from Tue, 08 Aug 2023 07:00:00 GMT to Wed, 24 Jul 2024 11:48:58 GMT -
Rating -2
- Innovation 4
- Information 7
- Rumor 3
