Joe Kwon founded Cosmos cryptocurrency. He was a former programmer at Amazon. Joe Kwon worked with Ethan Buchman to build the Cosmos (Atom). Ethan Buchman aims to provide the community with various options for engaging in consensus-building across a wide range of industries. At the same time, Jae Kwon is the creator of the Tendermint protocol. He is passionate about promoting the Tendermint consensus algorithm, which he positions as the most efficient consensus algorithm that seeks maximum speed and scalability.
Together they created Tendermint in 2017, which was created to replace proof-of-work as the consensus algorithm for blockchains, which eventually turned into a company, birthing Cosmos(Atom), in march 2019, an initial coin offering (ICO). They managed to raise $17 million in less than 30 minutes of the ICO, and one ATOM was sold for $0.1
The Cosmos (Atom) goal is to create an ‘internet of blockchains’ that resolves both scalability and interoperability issues in the blockchain. The Cosmos network can interact with other cryptocurrencies and applications, which other blockchain networks cannot achieve.
Cosmos (Atom) Coin Price Chart:
Price chart from trading view
Cosmos (ATOM) is significantly new on the market, so many people still may not understand too much about it. It poses a complex cryptocurrency project to comprehend. Still, a vital thing to remember is that Cosmos essentially solves the scalability and interoperability problems that blockchains face today as it sits amongst the top-ranked projects.
Following the listing in march 2019, the Cosmos price USD started trading on exchanges with a price of $3.40 and quickly reached $5. The cryptocurrency went on to surge from April through to June as it rocketed by a total of 132% to reach the then ATH price of around $7.23 in June 2019. However, after reaching this level of resistance, ATOM rolled over and dropped by a significant 72% as it plummeted into support found in September at $1.95.
Many expected the price after listing at $0.4 – $0.5. However, at the peak, the cost reached $8 (80x of the ICO price). In May 2019, the Cosmos coin was added by TrustWallet. This action immediately caused the rise of the rate to $5.
Cosmos quickly reached an all-time high of $25.15 11 days ago. Cosmos is trading on 82 exchanges, with the top exchanges being Bitforex ($458.62M), Binance ($249.61M), and ZG.com ($233.91M). Cosmos had an all-time high of $25.15 11 days ago. Over the last day, Cosmos coin price did 13% increase in trading volume and had been trading on 205 active markets with its highest volume trading pairs being USDT ($1.47B), USD ($569.26M), and BTC ($236.46M).
The ATOM coin is presently priced at $17.83. The current all-time low is recorded at $16.20, with a total market cap of $4,112,709,946. Cosmos is currently ranked 19th place in the global cryptocurrency rating by coinmarketcap, with the currently available Cosmos (Atom) supply to be 210,961,968.
The current all-time high of ATOM is $20.47, established on the back of the -8.87% decrease in the last 24 hours. In the past 30 days, the price of Cosmos has increased by 131.48%, while its highest values in the year time frame amount to 387.51%. The expected volatility for the next 10-15 days is still bullish.
The XTZ current news updates suggest future adoption for the coin. News channels suggest that XTZ in the future because it is easy to upgrade block the chain network without any hard fork.
Market Prediction For Cosmos(ATOM) Price 2021:
Atom price predictions are currently bullish, meaning it is a good buy for a long time Hodl. Many experts have predicted a new all-time high above its previous all-time high of $25.65. There are still Atom price predictions with facts that the ATOM value will see an all-time high above its current ATH.
Several projects are already being developed based on Cosmos/Tendermint technologies to make both chains interpolable, e.g., Binance Chain, e-Money, I.O.V., IRISnet, Kava, Lino, Regen Network, etc.
The popularity of the Cosmos project is slightly associated with the events happening in coin development. According to the Google Trends graph, the highest peak occurred on April 22, when the Kraken exchange listed the ATOM coin.
Furthermore, Cosmos price predictions are presently bullish, though in a bear zone currently, which is a reasonable buy price, purchasing Atom at its current $17.65. Tezos coin value sometimes increases when the Tezos current news at that time positively affects its market.
Cosmos coin price movement reacts to Tezos’ current news update at the time.
Holding Cosmos in the long term, the target $28, $37, and $50. $50 and even $100 is not an impossible target for ATOM if the developers keep improving the system.
The Cosmos project has several significant technical features that allow it to achieve the goals of interaction, ranging from Scalability, Byzantine fault tolerance PoS, Cross blockchain bridges, and a decentralized exchange.
Trading Beast Atom Price Predictions 2021:
Trading Beasts releases monthly predictions of different crypto assets based on “historical data and using a combination of linear and polynomial regressions.” As a result, the platform has Atom price predictions up until 2023.
The Cosmos price is forecasted to reach $13.118 by the beginning of March 2021. The expected maximum price is $16.520, the minimum price of $11.234. The Cosmos price prediction for the end of the month is $13.6.
For April, The Cosmos price is forecasted to reach $13.216 by the beginning of April 2021. The expected maximum price is $16.669, the minimum price of $11.335. The Cosmos price prediction for the end of the month is $13.335.
The trading beast also predicted the Cosmos price USD to reach $13.335 by the beginning of May 2021. The expected maximum Cosmos price USD is $16.826, while the minimum Cosmos price USD is $11.442. The Cosmos price prediction for the end of the month is $20.461.
Will COSMOS Go Up In 2022?
According to Trading Beast’s forecasts, the Cosmos coin value is going to increase after one year. The Cosmos coin value is $19.390, but by the end of 2022, the average Cosmos coin price is expected to be $25.724.
Wallet Investor Cosmos(ATOM) price predictions:
Image from wallet investor
The team at this prediction portal, Wallet Investor, is optimistic that the Atom price USD value will increase to around $30.825 in one year.
According to the wallet investor team. The Cosmos coin’s long-term earning potential is +79.21% in one year with no visible decrease in the price from the Cosmos coin’s current price position.
The Cosmos’ current price is $19.18, established on the back of the 1.03% increase in the last 24 hours. In the past 30 days, the price of Cosmos has increased by 108.71%, while its accomplishments in the 1-year time frame amount to 543.62%. The expected volatility for the next 10-15 days is at its highest value.
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The Long Forecast ATOM coin Price Prediction Report:
This is a top research group that publishes analytics about various cryptocurrencies. They are pretty optimistic that Cosmos’s future is bright. The group expects Cosmo’s price to close at $25.216 by May 2021 and a record high of $51.811 by Dec 2021. In the long run, the group expects the price to hit $1,216 in 2025.
In 2021, Cosmos may heavily boost its price. Long forecasts predict a high mass adoption of this cryptocurrency in the next couple of months. We expect a pump in 2021 for Cosmos coin with rising strong capitalization and a strong Cosmos coin value per token increase.
Digital coin price prediction for Cosmos (Atom)
Digital Coin Price, a platform that makes its predictions established on historical data, also has a festive look a Cosmos’ future market prices.
According to Digital coin, Investment in Cosmos (ATOM) is a profitable investment based on its forecasting. The platform predicts that Cosmos’ price would be at an uptrend throughout the year. The platform expects the minimum low at around $76.57, while the maximum high for the year will stick around $93.2.
Gov. Capital uses a custom algorithm based on Deep Learning that helps its users to decide if ATOM could be a good portfolio addition for the future. These predictions take several variables into account, such as volume changes, price changes, market cycles, similar coins.
The future price of the Cosmos is predicted at $35.19348 (102.223% ) after a year, according to the Gov. Capital prediction system. ATOM Price is currently $19.221, and the price prediction focus for one year is $35.19348 and a five years Forecast of $152.945 per Atom.
Cosmos (Atom) price prediction for 2025:
The Atom Coin price prediction for 2025 by most professional prediction platforms is pegged around $98. The majority predicts that if the decentralized finance (Defi) space expands into offering new types of products, the Atom coin price can triple with the Defi ecosystem’s adoption. As such, the Atom Coin price prediction by 2025-2030 is that its value has a higher possibility of surpassing its previous all-time high if the Defi space keeps expanding at this rate.
Furthermore, the Atom price prediction by 2025-2030 is that its value has a higher possibility of surpassing its previous all-time high. Meanwhile, a recent survey confirms that over 100 million persons are now into crypto. This will boost the Defi market capitalization by over $80 billion, according to Coingecko. More adoption and increased market capitalization will positively affect the Atom coin value.
Cosmos (Atom) price Prediction verdicts
Having a final verdict for the Cosmos (Atom) price prediction is impossible due to the uncertainties associated with the crypto market. Cosmos is one of the crypto coins on the Grayscale portfolios, a top cryptocurrency investment platform headed by Michael Sonnenshein.
Grayscale Investments, the world’s largest digital asset manager, has filed to register five new trusts for cryptocurrency assets, including ATOM and several connected to the decentralized finance (Defi) space.
Grayscale Cosmos Trust is solely and passively invested in Atom, enabling investors to gain exposure to Atom in the form of security while avoiding the challenges of buying, storing, and safekeeping Atom directly.
As with other trusts filed previously, the registrations were made by Delaware Trust Company on January 22nd, 2021, which is Grayscale’s statutory trustee for the US state.
However, the filings do not mean that trusts will necessarily be launched for the four new assets but do indicate that the asset manager is laying the groundwork for potential launching.
FAQ. COSMOS (ATOM)
Where to buy Cosmos (Atom)?
You can easily buy an ATOM with a credit card in Atomic Wallet. It is the fastest, safest, and legal way to buy ATOM with VISA or Mastercard. Your transaction processes at a swift period. You will receive a deposit of ATOM approximately in 30 minutes. The whole process depends on if you have done your KYC verification swiftly with the correct documents and credentials. The KYC procedure that is required is usually near-instant in processing. It doesn’t take much time once your details are correct. Once it’s verified, your deposit arrives.
Atomic wallet has partnered with Simplex, a reputable EU-licensed financial institution, providing the crypto industry’s fiat infrastructure. Through this process, your crypto to fiat transactions is processed through crypto-to-credit card payments with a 100% guarantee, in any case of a fraud chargeback to the Atomic Wallet team.
The platform offers the best exchange rate and minimal transaction fees when buying Cosmos (ATOM) with credit cards.
How to stake Cosmos (Atom)?:
The process of ATOM staking with the Atomic Wallet is straightforward. You can stake cosmos cryptocurrency on Atomic wallet with Zero fees. When you stake your tokens, rewards are generated with every block.
Firstly, you will need to download and install the Atomic Wallet app. Then you purchase Atom. You can buy ATOM with a credit card or exchange from another cryptocurrency within the wallet.
Then click on ATOM from the coin list available. Click on Stake. You will see the staking interface: your available balance for staking, staked and unbinding ATOM, and rewards. Click Stake to proceed.
Here you can change the validator by clicking on the name and see your yearly earnings. That’s it! Your ATOM is now staked. You need to wait, and the reward is generated with every block. Click Claim to withdraw your rewards to your address from time to time.
How to Exchange Cosmos (Atom)?:
Using Atomic Wallet, you can exchange Cosmos(Atom) across different pairs at favorably excellent rates. Whether you are purchasing ATOM or selling ATOM, you can exchange it in the Atomic Wallet interface. The wallet is a popular universal non-custodial wallet for 500+ cryptocurrency assets with a built-in instant exchange service. There are currently over 60 trading pairs with the current market rate.
With an Atomic wallet, you can exchange one token for another. It’s easy, fast, and safe. You don’t need to leave the wallet. You can also message support which is available 24/7 if any issue arises.
The wallet has collaborated with two popular crypto exchange services Changelly and ChangeNow, to offer an instant crypto-crypto exchange, which is in-built in Atomic Wallet. Both instant crypto exchanges operate only with crypto-to-crypto trading pairs.
The crypto trading exchange service uses two mechanisms: the floating rate and the fixed rate. Remember that Atomic Wallet is a non-custodial crypto wallet, and as such, these crypto-to-crypto exchange services don’t hold tokens. They only deposit the equivalent of the token you intend to exchange when selling ATOM or buying ATOM through Atomic Wallet.
No one can, however, predict the prices of cryptocurrencies with total certainty. Thus it is crucial to understand that the following ATOM price predictions serve merely as a suggestion of possible price development and are not intended to be used as investment advice. It is advised that You conduct your research and consult a financial advisor when making a decision relating to cryptocurrencies and assets.