Cosmos (ATOM), which has existed for several years now, is gaining in popularity as investors become more interested. How much is Cosmos? In this Cosmos Price Prediction Forecast, we will forecast ATOM’s price using various ATOM technical indicators. ATOM currently costs $11.24.
What Is Cosmos (ATOM)?
Cosmos (ATOM), a network of decentralized, independent and interoperable Blockchains, is an open, distributed, scalable system. This project aims at solving some of the problems facing the industry in terms of scalability and usability.
The Cosmos Network is built to enable multiple blockchains that are independent to interact with one another using the Inter-Blockchain Communication protocol (IBC). The transfer of data and assets between blockchains in the Cosmos network is possible without the use of a central exchange.
ATOM, the native currency of the Cosmos Network is used for payment as well as as a stake mechanism by validators. Validators secure the network through participation in governance and consensus.
Tendermint Inc. launched Cosmos in 2019. The software company is based in San Francisco. It has since gained attention in the blockchain industry for its innovative solution to some of the most pressing issues.
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Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Cosmos History
Tendermint Inc. is a San Francisco-based software company that created Cosmos. Tendermint Inc., a software development company based in San Francisco, was founded by Jaekwon, Ethan Buchman and Zarko Mirkovic.
Jae Kwon is the CEO of Tendermint and the inventor of the Tendermint algorithm. This is also used by the Cosmos Network. Ethan Buchman is the CTO at Tendermint. He has experience as a blockchain developer who worked on many blockchain projects including Ethereum. Zarko Mitosevic is the COO at Tendermint. He has experience as a software developer with distributed systems.
The team behind Tendermint worked together to develop the Cosmos blockchain, with the aim of creating an ecosystem that is more user-friendly, scalable and interoperable.
Cosmos Price Prediction Price Analysis
The most recent data shows that Cosmos currently has a value of $11.28 while ATOM ranks #22 within the crypto-ecosystem. Cosmos’s circulation supply is 286,370 297, and its market capitalization is $3,213,263,335.
In the past 24 hours, cryptocurrency value dropped by 0.51 percent. Comparing the ATOM’s current market capitalization to that of yesterday, it is clear the market capitalization has also decreased.
Cosmos has a hard time gaining momentum with other cryptocurrency coins. The ATOM dropped by nearly 0.14 percent in the past seven days. In the last few days the coin displayed segments with risky frames. We do not think that the coin will become a lucrative asset over the next few months, despite its strong fundamentals.
ATOM has seen its price drop by an astonishing -19.623% over the past month. This is equivalent to a massive $2.74 deducted from its value. The sudden fall in price indicates the coin’s current dip and could make it a great investment.
Price changes of approximately 14.62 percent are seen in the 90 previous days. Prices ranged from $9.52 minimum to $10.02 maximum.
Cosmos has seen growth in the past four months. We believe, therefore, that segments similar to the current market were popular. According to most recent statistics, the trading volume of Cosmos has increased over the past four months. Trading volume can have a major impact on price.
The coin’s price has risen by 11.64 percent in the past four months. Its maximum price is around $10.69, and its minimum price, around $9.61.
Expert Opinions
Coin Price Prediction
“According to our ATOM prediction and news, there are a number of ATOM projects in the pipeline that will be released soon. From the concept phase, to testing, and finally by the end of the year, many new projects will have been finished. This would lead to a bullish prediction of the cryptocurrency reaching an all-time-high of $49.27, creating opportunities for trading, buying cosmos, making it a lucrative investment.”
GOV Capital
“The price of Cosmos (ATOM), based on our ATOM prediction data and the current price, has been rising for over a year. We take into account several factors, such as price fluctuations, volume variations, market cycles and coins of similar value. According to our forecast, the future ATOM price will be $40.1106 in a year.”
Trading Beasts
“The Cosmos ATOM price will reach $30.123 at the beginning of December 2022. Maximum price expected is $37.654, Minimum price expected $25.605. According to our ATOM prediction and analysis of price, we believe that the price of Cosmos coins will likely reach $38 in the short-term.”
Wallet Investor
“Based on current market movements and our Cosmos analysis, we do not expect a significant increase in the price of Cosmos ATOM. The prognosis is $1.055, based on today’s prices.”
Cosmos Price Prediction
Cosmos Price Prediction 2023
Trading Education is confident that Cosmos will grow and increase demand for ATOM. Their Cosmos data suggests that ATOM’s median price in 2023 will be $16. However, it could fall or rise as high as $20.
The price of Cosmos in 2023 is predicted to drop as low as $14.26, according to Price Prediction. The ATOM could be priced as high as $16,93 according to Price Prediction. However, an average price forecast of $14.70 is also predicted.
Cosmos Price Prediction 2025
CoinPedia estimates that the price of bitcoin could be $81.0663 at the end 2025. If the network is losing steam because of new rivals or lackluster interest, it could drop to just $40.5434. The average price, based on the bullish and the bearish targets could be $60.7079.
Experts at Changelly examined prices and fluctuations of Cosmos over the past years. By 2025 it is predicted that the ATOM minimum price will be $35.62 and the maximum $45.87. Trading costs will average around $39.97.
Bitnation predicts that Cosmos’ growth will be rapid in 2025, as cryptocurrency gains traction across a wide range of industries. The price of Cosmos could rise to $42.78 with an average value of $39.40. Cosmos’s price could drop as low as $35.03.
Cosmos Price Prediction 2030
CryptoNewsZ reports that the blockchain is extremely popular and numerous projects are built on top of it. If advancements continue the price for ATOM will reach $130 in 2030, which would be a record high. The annual minimum may also be $115.
Cosmos’s technology will be the most advanced and user-friendly for creating cross-chain project by 2030. Trading Education Cosmos’ price predictions of long-term growth have led to an ATOM price median forecast for 2030 at $103.93. The forecasting system says that ATOM is expected to reach $118.49 in 2030 and $89.37 at its lowest.
FAQs
How much will Cosmos be worth in five years?
A concert ticket’s price is used to determine the cost of a concert ticket. The value of Cosmos fluctuates dramatically due to its trading on a supply and demand basis.
Is ATOM profitable?
Cosmos can be a good long-term asset to invest in. Its historical performance justifies the asset’s profitability.
Can ATOM make you rich?
Indeed. ATOM can be an excellent and valuable source of long-term income, if your investments are planned carefully and strategically. ATOM is a good investment for a regular miner, or a currency investor. ATOM is not a sure-fire way to become rich fast, but it may prove worthwhile.
