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, that are preventing it from vast adoption. Cosmos had emerged to resolve the hardest problems existing in the blockchain industry.
Cosmos (ATOM) price in the recent past had 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 ATOM or holding some already? Wondering about the prospects of the digital asset? Look no further as this writing will get your queries sorted. As we have decoded the plausible ATOM price prediction for 2022 and beyond.
|Market cap||$ 4,189,389,070.0000|
|Trading Volume||$ 599,968,866.0000|
|All-time high||$ 44.4500 Jan 17, 2022|
|All-time low||$ 1.1600 Mar 13, 2020|
|Year||Potential Low||Average Price||Potential High|
Cosmos had made its entry to 2022, continuing its uptrend from the previous year. The price of ATOM at the beginning of the year was recorded at $32.521. Which escalated briskly to $44.677 over the week. After a pullback, ATOM’s price posed an uptrend again, reclaiming its $44.582 mark. The spike was short-lived, as the downtrend took the price to $31.78 by the 22nd of January.
While the price did pose a quick rebound to $37.174 by the 24th of January. The price took another downswing to $25.77, by the 31st of January. The altcoin had gathered steam towards the $33.281 mark by the 7th of February. But turmoil in the industry, pushed the price to $23.215, by the 22nd of February.
Thereafter, the digital asset showcased a 49.7% rally to $34.895, on the 4th of March. Post which a downswing, followed by a leg-up closed the quarter’s trade at $30.147. The second quarter was ruthless for Cosmos, as it was for the majority of cryptocurrencies in the business. News around the insolvency of known brands called for panic liquidations, which led to Cosmos losing over 81% of its value.
The Cosmos network is expected to release a couple of updates such as the Rho upgrade, and the v9-Lambda upgrade. While the Rho upgrade would enable Meta Transactions, Tendermint v0.35, liquid staking, etc… The Lambda upgrade would bring in interchain security, amongst other features. The updates would be imperative in the propulsion of the price of ATOM.
Wherefore, the ATOM price could surge to a maximum of $13.590. Conversely, the upgrades failing to materialize, according to the expectations, could strike down the price to $9.588. That said, a linear momentum could settle the price at $11.422.
With a rise in positive social sentiments towards the end of the year, carried forward by growing volumes. And the rollout of the Epilson upgrade would turn imperative in the propulsion of the price. Which could soar to its potential high of $17.592. On the other hand, negative criticism and a possible downtrend could take the price down to $12.34. Factoring in the bullish and bearish targets, the average price could land at $15.222.
The Cosmos network could spread its wings to a wider userbase, provided the updates materialize as per the expectations. With the rollout of V11-Gamma, NFT modules, and smart contracts, amongst others. The price of ATOM could rally to $29.0559, by the end of 2023.
On the flip side, if we see modulations in regulatory norms, the digital asset could spectate a spike in liquidations. Resulting in a price tag of $15.660 toward the end of the year. Successively, an equilibrium in buying and selling pressures could land the price at $23.104.
If the crew behind Cosmos strengthen the network with resolutions and developments, and the community with social events. The price of the altcoin could propel to its potential high of $44.695 by the year’s end. Conversely, failing to stand tall to its commitments, the price of ATOM could slump to the lows of $24.037. Constrained by a steady constructive momentum, the price could stand at $33.143.
Over the next 3 years, the developmental initiatives will help thrive scalability and transaction speeds. Which will in turn push the userbase of the network. Wherefore, by the end of 2025, the price could rise to $68.510. In contrast, the network losing out on steam, amidst emerging rivals and lack of interest could drag the price down to $37.009. Considering the bullish and bearish targets, the average price might land at $53.064.
As per the forecast of Digital Coin Price. ATOM’s price is expected to hit a maximum of $15.07 by the end of 2022. The firm has pinned minimum and average price targets for the year at $13.17 and $13.94 respectively. The analysts, expect the price to claim a maximum of $17.70 by 2023, and $23.25 by 2025.
According to the ATOM price prediction by Trading Beasts, the altcoin could hit a maximum of $13.730 by the end of 2022. Whilst a reversal in trends could knock the price down to $9.337. An equilibrium in trade activities is anticipated to land the price at $10.984. The firm also hosts predictions for the long term. Successively, the pricier targets for 2023 and 2025 are set at $16.05 and $28.567.
Gov.Capital anticipates ATOM’s price to hit a maximum of $29.702, by the annual closure of 2022. The firm expects the minimum and average price targets for 2022 to fall at $21.953 and $25.828. That said, Gov. Capital foresees a bullish projection for the long term. It expects the price to claim a maximum of $67.95 by 2023 and $175.35 by 2025.
Click here to read our price prediction of Theta!
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.
The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy. The platform aims of creating the next-level internet where blockchains replace computers. It solves some of the hardest blockchain problems of scalability, usability, and interoperability. The Cosmos Network was established by Jae Kwon in the year 2014. The company is placed in Zug, Switzerland. The Cosmos Network is a secure and scalable blockchain ecosystem. The Cosmos SDK is a user-friendly, modular framework that allows developers to fully customise their dApp to best suit their needs, powered by Tendermint Core’s BFT Proof of Stake protocol. The network also streamlines application development by providing necessary tools and platforms, where developers can leverage the existing blockchains and modules within the network and increase adoption and liquidity in a significantly less amount of time.
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. 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 has been existing for quite a long time. And hence the asset is available for trade on many platforms. Currently, it is traded on Binance, Bittrex, kraken
The ATOM price may smash new milestones in the upcoming days, as it intends to enable fast, secure, and scalable blockchain solutions. According to Coinpedia’s formulated Cosmos price prediction. If the network launches upgrades in order to boost staking and other features to benefit the traders. The price may easily surpass the $17.5 mark this year.
If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $12.4. Considering everyday trade pressure and considering the above factors. The average price by the end of 2022 would be around $15.2.
To read our price prediction of Monero (XMR) click here!
A: The Cosmos Hub is the blockchain protocol underlying an increasingly large number of blockchains developed on the Cosmos platform, allowing interoperability.
A: Yes, Cosmos is a profitable investment to eye on for the long term. The historical returns justify the profitability of the asset.
A: The maximum trade value of the ATOM by the end of 2022 could possibly hit $17.592.
A: The price of ATOM could reach a maximum of $68.51, by the end of the next 5 years.
A: ATOM can be bought on most of the popular crypto exchanges like Binance, Coinbase, Huobi, OKEx, etc.
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