Cosmos (ATOM), dubbed as the network of blockchains, is a resilient player in the turbulent crypto market. Its price has held steady amid the market crashes and bearish trends, showcasing its robustness.
Qubetics' successful $1 million presale on its first day and
Dora Factory's historic $DORA airdrop to over one million ATOM stakers are some significant milestones. Innovations, like unveiling a
new cross-chain protocol called Valence and
enabling a new utility for ATOM in NFTs on Stargaze, have made it a contender in the cutting-edge blockchain space. However, on the downside, the coin has experienced almost -50% YTD losses, and its price struggled near $4. A
major v17 update caused a 4-hour downtime for Cosmos Hub, which sparked concern amongst the community. It proposed an inflation cut from its max 14% to 10% for a security boost, leading to a chain split proposition by Cosmos founder. Another significant development is the
Atomic Wallet's class suit dismissal over a $100M hack. Furthermore, renowned traders are bullish on ATOM and have shared a list of Cosmos Ecosystem coins predicted to skyrocket. In contrast, experts have expressed doubt about ATOM's potential to hit new highs in the current cycle. A contentious fork debate and bearish market signals have created some headwinds for the coin. Yet, the crypto visionaries are predicting the rise of Cosmos (ATOM), and analysts suggest that ATOM eyes a 30% rally after a successful breakout.
ATOM Coin News Analytics from Fri, 04 Mar 2022 03:26:44 GMT to Wed, 02 Oct 2024 10:30:59 GMT -
Rating 3
- Innovation 7
- Information 6
- Rumor 4
