– [Cosmos Price Prediction 2022 – up to $16.06]
– [Cosmos Price Prediction 2025 – up to $53.27]
– [Cosmos Price Prediction 2028 – up to $170.33]
– [Cosmos Price Prediction 2031 – up to $542.53]
Binance chief executive Changpeng Zhao likened the recent FTX collapse to the start of the 2008 financial crisis.Will its demise cause other crypto firms to fold? The debacle promises to have its repercussions over the weekend as the major exchange filed for Chapter 11 proceedings on 11 November.That’s the essential question for now as we make this updated Cosmos Price Prediction.
CZ said this would especially be the case for firms “close to the FTX ecosystem.” Describing the global financial crisis as “probably an accurate analogy,” Zhao believes the consequences will be severe.The Bitcoin (BTC) price is struggling to hold on above the support line of an ascending parallel channel while a significant Fib resistance level rejected the Ethereum price .The XRP price is still trading inside a neutral pattern.
Cosmos has shown potential for serious growth in 2021 as it surged to 453.3%.For the Chaimapsis and Keplr project, a lot has been achieved in quick succession.It is one of the many projects advancing the Cosmos ecosystem, including Ledger hardware wallet support and permissionless integration of new chains.
Cosmos coin (ATOM) continued on a bullish run in 2022, rising above $40.
The launch of Cosmos Inter- Blockchain Communication ( IBC) was a milestone and will benefit any ecosystem leveraging the Cosmos SDK.This includes the DeFi platform Kava, CertiK, Secret Network, and others.An exciting development for the Cosmos community.
Imagine new chains with their own coins launching in the Cosmos but utilizing the Cosmos Hub validators instead of having to drum up their own.Staking ATOM will not only earn you more ATOM but also these other coins as well!
For a bit of history, the crash of the LUNA token and the TerraUSD (UST) stablecoin at the start of May 2022, both based on the Cosmos network could drive the Cosmos cryptocurrency’s decline.On 20 May Cosmos price analysis confirmed an upward trend, following the bullish trend that started the previous day.The price recovered in the succeeding weeks, along with two strong corrections as well, which affected the upwards trend.So, would the FTX collapse affect the Cosmos blockchain in the same way as it did others?
Today’s Cosmos price is $11.48 with a 24-hour trading volume of $276,439,948.
Cosmos is down 3.97% in the last 24 hours.The current CoinMarketCap ranking is #22, with a live market cap of $3,286,249,822.
It has a circulating supply of 286,370,297 ATOM coins and the max.supply is not available.
What do analysts see on the horizon for ATOM? Let’s find out.
Also Read:
– [Cosmos 2.0: Uniting blockchains, interchain security, new issuance model for ATOM, and more]
– [Bitcoin, Binance Coin, Cosmos, and Monero Daily Price Analyses – 24 October Morning Prediction]
– [Bitcoin, Binance Coin, Tron, and Cosmos Daily Price Analyses – 3 November Morning Prediction]
– [What is Cosmos Crypto?]
[9 Cosmos Price Prediction by Cryptopolitan]
What is Cosmos coin?
One major concern within the blockchain industry is that there are hundreds if not thousands of blockchains around the world, but only a few of them can communicate or share information.Cosmos developers aimed at solving this problem, and that is what Cosmos is doing.It provides a platform for developers to develop blockchain within an ecosystem where they can communicate with each other and send tokens from one blockchain to the other.
That is why Cosmos is commonly referred to as the internet of blockchains.
The Cosmos SDK also allows developers to quickly develop blockchains or decentralized applications without coding the entire program from scratch.With many blockchains using Cosmos, it is a worthy investment since investors can always find something of interest within the ecosystem.
Cosmos coin (commonly referred to as ATOM) is the native cryptocurrency that powers Cosmos.
ATOM cryptocurrency allows its holders to contribute to the governance and security of the blockchain network.
Holders also have a chance of delegating (staking) their ATOM tokens to the validators on the blockchain and, in turn, earning more tokens through the Proof-of-Stake consensus mechanism.
This makes Cosmos price predictions quite important.There are many traders who want to know when to buy Cosmos and when to sell Cosmos.But, it can be concluded that Cosmos will also give great benefits if you hold it.
How many ATOM coins are in circulation supply?
The current total ATOM supply is 222,078,856 with 279,863,459 coins currently in the circulating supply, meaning only 80% of the coins are available for trading among investors.The remaining 20% is held by two companies: the Interchain Foundation and the All in Bits.
It is important to note that the total supply keeps increasing as more and more ATOM tokens get earned by the users through staking.
This makes ATOM different from other cryptocurrencies, which are added to the market through mining.
What is the Cosmos blockchain network?
Cosmos Blockchain Network also referred to as the Internet of Blockchains, is a decentralized ecosystem of interconnected blockchains (decentralized applications) known as Zones.It creates a crypto ecosystem that unites different blockchains through open-source tools that allow streamlined transactions between them.
The first blockchain to be developed was the Cosmos Hub, which forms the core of the entire ecosystem.The other blockchains, developed by other developers, are connected to the Cosmos Hub and interconnected.The Cosmos Hub maintains a record of the Zones in the ecosystem and their states.
It is important to note that no central party controls or facilitates activities within the ecosystem.Every Zone can share tokens and data within the ecosystem programmatically.
Key elements of Cosmos
Cosmos ecosystem has five key elements:
– Cosmos Hub – This is the core blockchain to which the Zones are attached and it acts as an intermediary between all other blockchains within the Cosmos network.It provides interoperability among all the other developed blockchains in the ecosystem and keeps track of each blockchain’s state.
– Zones – These are independent blockchains that developers develop and attach to the Hub within the Cosmos ecosystem.
– Tendermint – Tendermint is the consensus mechanism that powers Cosmos and it is responsible for validating transactions and ensuring that the ecosystem is secure through the Tendermint Byzantine Fault Tolerance (BFT) engine that also allows developers to build decentralized applications/blockchains without having to code everything from the scratch.
– Inter-Blockchain Communication Protocol (IBC) – This is the communication protocol that is responsible for connecting the Zones to the Hub thus allowing the free flow of information between each of the interconnected Zones.
– Cosmos software development kit (SDK) – This software development kit allows developers to use blockchain to develop blockchains by leveraging the Tendermint consensus mechanism.
Who are the Cosmos founders?
Cosmos Network was co-founded by developers Ethan Buchman and Jae Kwon in 2014.These two developers are the ones who came up with the Tendermint consensus mechanism, which now powers Cosmos.
Two companies were also very actively involved in developing the blockchain.
They are the All in Bits and the Interchain Foundation (ICF), a Swiss non-profit organization that funds open-source blockchain projects.
The ICF was responsible for conducting the first ATOM token ICO in 2017 which raised about $17 million.However, Tendermint Inc., which later became Cosmos, conducted another fundraising round in 2019, raising $9 million to continue with the project.
Advantages of owning the Cosmos ATOM
With the world turning to blockchain technology to solve a myriad of problems that affect every industry, blockchain developers are looking for platforms that allow them to develop custom blockchains without having to go through the rigorous process of having to code the entire program from scratch and that is what the Cosmos provides.As a result, blockchain developers could flock to Cosmos, resulting in a hike in the Cosmos price.
ATOM holders can use the token for trading, spending within the ecosystem where several DeFi projects invest, sending as payments, or even staking to earn more ATOM coins.
Where can you buy Cosmos tokens?
If you think Cosmos is a profitable project, you can buy the ATOM coin from several cryptocurrency exchanges, including Binance , OKEx, and Coinbase .
Once you purchase the Cosmos crypto coin, you can store it either in the crypto exchange where you bought it from or transfer it in any of the following crypto wallets: Atomic Wallet, Cobo, Cosmostation, Huobi Wallet, imToken, Kepler, Ledger , Lunagram, Lunie, Math Wallet, Rainbow Wallet, Qbao Wallet, Trust Wallet, Wetez and Crypto.com.
You can also trade the Cosmos cryptocurrency on these crypto exchanges.
However, before starting to trade, it is important to do some technical analysis on Cosmos’ price and do some research and reading to find out what experts say about Cosmos price prediction 2021 2022.
Cosmos Price History
– The Cosmos cryptocurrency was first listed for trading in Mid-March 2019; its price was about $7.5.
– The ATOM coin price remained below the listing price until the beginning of 2021 when the prices started skyrocketing.
– Cosmos price hit an all-time high of $32.14 on May 07, 2021, after which the coin has turned to a bearish trend, though it seems to be the current trend among all cryptocurrencies, including [Bitcoin] and .
Cosmos Network New Developments
The Cosmos network is constantly evolving and always looking to outdo competitors.Some of the most significant developments on the blockchain are driven by its desire for seamless interoperability of blockchains.
The network has also announced the expected launching of its Interchain Security (ICS) intended to allow validators on the Cosmos Hub to produce and secure blocks for new chains.
Cosmos Technical Analysis
Cosmos price analysis on the monthly basis indicates a fluctuating trend, with the coin reaching a high of $15.63 and a low of $9.5464.ATOM’s price surged gradually in the last three weeks and is currently trading at $12.39.
Looking at the weekly chart, Cosmo’s price has formed a descending channel pattern but appears to be breaking out from it.The Fib retracement levels also suggest that the price could possibly go up to $14.5 in the near term.The Fib extension levels suggest that the price could possibly go up to $18 in the long term.
The ATOM price is currently trading near the 200-day moving average, which could act as a strong support level.The MACD indicator shows increasing bullish momentum and the RSI is currently at 60, indicating neutral market conditions.
Overall, based on technical analysis, Cosmo’s price is expected to continue its upward trend in the near term with potential resistance levels at $14.5 and $18 in the long term.
The digital asset is currently up by 5.85 percent, but on the weekly basis, it is down by 0.27% in the last 30 days.
ATOM’s technical analysis shows an uptrend in the near term, with potential resistance levels at $14.5 and $18 in the long term.The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators also suggest a bullish trend.
Cosmos Price Prediction by Cryptopolitan
Despite the FTX debacle, our Cosmos Price Prediction for 2022 is a maximum price of $16.06; in 2027, the ATOM price can reach a maximum value of $115.78; and in 2031, a peak price of $542.5.
Why not? Cosmos is a highly-rated crypto project with massive potential for widespread adoption.Let’s see how the ATOM price climbs in our year-to-year Cosmos Price Prediction.
Cosmos Price Prediction 2022
Our ATOM price prediction 2022 forecast is $45.
Cosmos has seen a steady increase in its price, showing potential and attaining a maximum price of $16.06.The lowest expected price for 2022 is 14.77 while the average predicted price for the year is $15.48.
Cosmos Price Prediction 2023
According to our Cosmos price prediction for 2023, a maximum price forecast price of $25.33 is predicted.The lowest expected price for the year will be $21.50, with an average forecast of $22.28.
Cosmos Price Prediction 2024
In our Cosmos price prediction for 2024, we can see a maximum forecast price of $37.33 and a minimum expected price of $31.16.The average predicted price for the year is $32.26.
Cosmos Price Prediction 2025
Our ATOM price prediction for 2025, a maximum price of $52.27 is expected while an average price of $46.57, ATOM is expected to trade at $45.29 as the lowest price.
Cosmos Price Prediction 2026
In 2026, The Cosmo price prediction for 2026 suggests ATOM can reach a maximum price forecast of $77.87 while the minimum expected price is $65.81.The average predicted price for the year is $67.68.
Cosmos Price Prediction 2027
Cosmos price prediction for 2027 suggests that the ATOM price can reach a maximum value of $115.78 with an average predicted price of $100.27 and a minimum expected price of $96.89.
Cosmos Price Prediction 2028
In 2028, ATOM will experience slight price pullbacks leading to a minimum price of $143.53.
Per the Cosmos price prediction for 2028, we also anticipate the coin to trade with an average price of $148.54 and a maximum level of $170.33.This price drop could occur due to negative public sentiment around the Cosmos project.
Cosmos Price Prediction 2029
Our ATOM price prediction for 2029 is a maximum forecast price of $257.60, an average forecast price of $224.38, and a minimum expected price of $216.96.
Cosmos Price Prediction 2030
Following our Cosmos price prediction for 2030, ATOM could trade as high as $375.72, representing a possible 179.80% increase on today’s market price.Per our price forecasts, the bulls are to retake control of the ATOM market, leading to average and minimum prices of $316.63 and $305.42, respectively.
Cosmos Price Prediction 2031
Our Cosmos price forecast for 2029 anticipates a trading range of $400 to $500, with an average trading price of $464.55.ATOM might attain a minimum price of $451.58 and a maximum price of $542.53.
Cosmos Price Prediction by Wallet Investor
Wallet Investor predicts a bearish trend for ATOM as the digital asset could fall to a minimum price of 0.723 by the end of 2022.The site expects the digital asset to continue falling in the near term, reaching 0.477 in 2023, and 0.307 in 2024.The long-term Cosmos price prediction for 2025 is 0.208 USD.
Cosmos Price Prediction by Digital Coin Price
Digital Coin price is bullish on ATOM future prices as the website expects a gradual increase in the digital asset’s value.
By the end of 2022, ATOM could reach a maximum price of $14.95
and an average price of $34.66.
The digital coin could continue to increase its value, reaching a maximum forecast price of $36.83 in 2026, with an average forecast price of $34.66.
In the long term, the site predicts a maximum price of $46.84 in 2030 and an average price of $40.87.
Cosmos Price Prediction by Technewsleader
The ATOM price forecast by Technewsleader suggests that the digital asset has the potential for growth in the long term.The website predicts a gradual increase in ATOM’s value, reaching a maximum forecast price of $20.13 in 2022, and $67.38 by 2027.In the next 2031, ATOM might attain a maximum price of $462.57.
Cosmos Price Prediction by Industry Influencers
Ceko (aka TheCryptoFish) questions if $24 is still in play and makes projections on possible scenarios.See the video and draw your own conclusions.
Guess what ATOM is hiding for 2023? Crypto Vault reveals some important projections for 2023.
Conclusion
ATOM price predictions up to 2031 vary, with some analysts predicting bearish trends while others anticipate a bullish market.If the developers make high scalability happen, Cosmos’ price might jump to the moon, as developers might shift to this project from Ethereum .However, if project development does not meet expectations, the Cosmos ATOM price could fall to lower levels.
The Cosmos project is a force to reckon with within the blockchain industry, especially because it is solving one of the main challenges in the industry by enabling developers to launch blockchains in an ecosystem where they can share information and carry out transactions with each other.
A few months ago, ATOM has been one of the best-performing coins gaining over 27%.This price growth is due to many factors, including the continued expansion of the Cosmos ecosystem.
In early September, Delphi Digital labs, a top analytics firm and protocol developer announced Cosmos as its primary blockchain for hosting new projects.
Cosmos is a highly-rated crypto project with massive potential for widespread adoption.Going by the Cosmos forecasts, the price of ATOM is expected to rise.Every Cosmos price prediction shows a bullish trend in the short and long terms.
Nevertheless, do due diligence before making investment decisions.
It is always important to do some thorough research on the cryptocurrency market before investing in any digital coin to understand what to expect especially owing to the high volatility nature of the crypto market.
[Cryptopolitan.com] holds no liability for any investments made based on the information provided on this page.We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions..
