Vivid evolution across the blockchain arena has quickly gained the attention of the mainstream with a plethora of benefits. In contrast, their attention is concurrently yielded to various bottlenecks and glitches are preventing it from vast adoption. However, Cosmos emerged to resolve the hardest problems existing in the blockchain industry.
Cosmos (ATOM) price recently boomed and surprised many including many big hands. Record-breaking volumes were registered which were missing since inception that rallied the price to new highs.
Do you wish to hold cosmos coin or already have your share and want to explore its future? This article includes cosmo price prediction for 2022 and beyond. Either way, all of your questions will be answered in this piece of writing.
|Market cap||$ 10,394,779,413.0000|
|Circulating Supply||$ 0.0000|
|Trading Volume||$ 0.0000|
|All time high||$ 44.4500 January 17, 2022|
|All time low||$ 1.1600 March 13, 2020|
What is Cosmos (ATOM)?
The Cosmos network is heralded as an “Internet of blockchains” which intends to build a grid of crypto networks bridged by open-source tools for streamlining trades between them. The central focus of the platform is to achieve customizability and interoperability.
Further, the ecosystem has its own native currency called ATOM. However, the Cosmos network, a Proof-of-Stake blockchain, is empowered by its native token ATOM. The main motive is to nurture a platform of networks that could share tokens and data algorithmically, with no central party intervening in the activity.
Cosmos is one such project that aims to address the issues related to ‘Proof-of-Work’ applied by many major projects within the blockchain industry. The main goal of the project is to simplify the blockchain system with less complexity.
The project was first outlined back in 2014 by founding Tendermint by Jae Kwon, Zarko Milosevic, and Ethan Buchman, which is the main contributor to the project. Further, in 2016, the whitepaper was released and the native token of the project ‘ATOM’ was also launched by holding a sale.
Cosmos is one of the veteran projects that exist for quite a long time. And hence the asset is available for trade on many platforms. Currently, it is traded on Binance, Bittrex, Kraken, Gate.io, Huobi, Poloniex, and other popular exchanges.
Cosmos Price Prediction 2021
The Cosmos (ATOM) price has undergone phenomenal bull cycles in 2021. Howbeit, in just two bull cycles, the ATOM price has surged by 500% from $5 to $25. In its first run, the asset surged from $5 to $28 and gained significant strength around the same zone. Owing to the Chinese market crash on May 19th, the altcoin price plummeted to $10.
However, the asset has experienced a parabolic move from $10 to its new ATH of $44.70. With a choppy move, it has generated consecutive lower highs. Whilst, as bears have taken domination, the asset is thriving hard to find its support around $24.53.
ATOM Price Prediction 2022
Cosmos Price Prediction Q1 2022: The price is expected to rally high by gaining 2X momentum in case of a bull season and also multiply accordingly. By attracting many traders, the asset would claim ATH above $50 in Q1 of 2022. The ATOM price would continue to generate consecutive lower highs to reach $39 in terms of average buy and sell pressures. On the flip side, the asset would settle at its bottom $21.
Cosmos Price Prediction 2025
The coin showed good growth since its listing stage. The year 2025 will see a lot of ups and downs as the year will start with $74 and fluctuate between $68-$77. Eventually, the asset would end up near $100 in the next 5 years. The average and minimum possibilities is being around $84.56 and $64.68.
Cosmos Coin Market Prediction
According to the wallet investor, they believe the Cosmos (ATOM) price might rule the Metaspace and may easily hit a maximum of $53.849. The minimum price is $42.650 and the average price would be $48.298 by the end of 2022. They anticipate that the price may hit the milestone of $140.019, the average ATOM price is expected to smash $92.169. On a bearish note, the token would plummet to $117.292.
Gov. capital has revised their prediction for the ATOM price, they expect tokens to hit a maximum of $69.2116. On the contrary, they believe, trend reversals in the market would plummet the price to $51.15. And with average buy and sell pressures it would end up trading at $60.184. The website has also made a whopping prediction in the long term, they expect the price to surge maximum of $285.35. The average and minimum probabilities is being $248.136 and $210.91 respectively by the end of 2025.
Digitalcoinprice revised its price prediction on ATOM. According to them the price will reach $36.38 by 2021 and rally further to cross $59.49 by the end of 2024. By the end of 2025, the price may hit $75.04.
The ATOM price may smash new milestones in the upcoming days, as it intends to enable fast, secure, and scalable blockchain solutions. Howbeit, Cosmos appears to be a valuable project as its goal is to make blockchain technology less difficult for builders.
According to Coinpedia’s formulated Cosmos price prediction, if the network launched upgrades in order to boost staking and other features to benefit the traders, the price may easily surpass the $0.188 mark this year.
If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $45. Considering everyday buy and sell pressure and keeping the above factors in mind the average price by the end of 2022 would be around $63.
|Year.||Potential High.||Potential Low.|
Historical Market Sentiments
The Cryptocurrency, Cosmos (ATOM) got listed on Coinmarketcap on March 14, 2019 trading at $6.64 without any market capitalization. The price showed a gradual increase to $7.36 on March 17, 2019, which again fell down to $4.83 the very next day. According to the sources, the price decreased after the Binance listing. The coin continues to trade in the range of $3 – $5 till the end of 2019.
The Cosmos price maintained a similar price movement as in 2019, throughout the year 2020. The price which started the trade at the beginning of the year close to $5, plunged notably close to $1 by mid of march. Further the price surged steadily to hit the yearly highs above $8 by the end of August 2020. However, the price despite certain pullbacks closed the yearly trade above $5 showcasing less volatility.
Similar to 2020, the yearly trade initiated above $5, which spike remarkably to hit $23.85 by the end of February 2021. The price however, dipped to some extent, yet maintained the range close to $20. The rally again gained a strong bullish momentum in the first week of April that propelled the price to hit ATH at $28.49 on April 15.
Cosmos tokens can be bought on most of the popular crypto exchanges like Binance, coinbase, Huobi, OKEx, etc.
The price has multiplied with a decent margin in recent times which has given returns to the early investors. Moreover, the predictions are also reasonably high and might be a good investment. However, researching on your own is the best thing before any investment.
ATOM price has already come long, yet many believe it is still at an early stage. The predictions by experts however point out a bullish trend that may get closer to $100 in the future.
The Cosmos Hub is the blockchain protocol underlying an increasingly large number of blockchains developed on the Cosmos platform, allowing interoperability.