Cosmos cryptocurrency,
ATOM, has seen significant movements in the market. The token rallied by around 18% as the deadline for tokenomics reform arrived. The
crypto traded within a consolidation pattern with sharp price increases and decreases, testing and breaking key resistance levels such as $4.55 and $4. The token's price experienced selling pressure, leading it to plunge below $4. However, the token managed to establish a new support level at $4.237 after a failed breakout attempt. The
Cosmos ecosystem is reportedly getting increased support from exchanges, leading to a slight price surge. The token also demonstrated resilience, recovering after significant declines. Despite periods of market turbulence, there have also been signs of increasing institutional interest.
ATOM's tokenomics are undergoing a revolutionary overhaul as proposed by the Cosmos community, aimed at boosting its value. North Korea links, however, resulted in a 6% plunge due to security concerns. Additionally, there are long-term price predictions suggesting that
ATOM will likely struggle to reclaim its former highs.
ATOM Coin News Analytics from Fri, 23 Jul 2021 19:00:07 GMT to Sat, 10 Jan 2026 23:56:20 GMT -
Rating 3
- Innovation 7
- Information 7
- Rumor 5
