Cryptocurrency market is experiencing vivid movements, with the
ATOM coin from
Cosmos generating much buzz. The
Securities and Exchange Commission (SEC) has expanded its lawsuit against
Binance, now treating
AXS, FIL, and
ATOM as securities. However,
price speculations for ATOM remain optimistic, with some analysts predicting the coin could top $10 beyond 2024. A significant development for Cosmos includes launching a
new cross-chain protocol, Valence. The investment trend shows bullish sentiment, with Binance Coin (BNB) and Cosmos holders notably supporting Rollblock's
revenue-sharing model. Meanwhile,
Marathon's Layer-2 Chain, Anduro, has introduced a 'Portal to Bitcoin' for
atomic swaps. However, the coin isn't exempt from setbacks, as demonstrated when a
major v17 update led to a four-hour Cosmos Hub downtime. Despite market instability, ATOM's price often remains green, welcoming investments. Cosmos Hub also approved an
ATOM inflation cut for security improvement. Nonetheless, many anticipate a
death cross for Cosmos, questioning the coin's future. Advancements with
Qubetics Whitelist have ameliorated
Cosmos' interoperability, while challenges loom with possible competitors such as
InsanityBets (IBET). The
Dora Factory made history with a massive $DORA airdrop for over a million ATOM stakers, marking the largest MACI voting round ever. Other highlights include a provocative call from the Cosmos founder for a chain split, and proposed plans to reduce ATOM's inflation rate. Finally,
Grayscale, the Bitcoin ETF Giant, is launching a
crypto staking fund. Overall, the news is mixed, with various expert opinions and market factors influencing ATOM's potential.
ATOM Coin News Analytics from Fri, 04 Mar 2022 03:26:44 GMT to Sun, 15 Sep 2024 05:30:44 GMT -
Rating 3
- Innovation 5
- Information 7
- Rumor -3
