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Cosmos Price Prediction 2024-2033: Will ATOM Recover ATH?

Cosmos Price Prediction 2024-2033

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? That’s the essential question, for now: how will this affect our Cosmos Price Prediction?

How much is Cosmos worth?

The live Cosmos price today is $8.57 USD with a 24-hour trading volume of $166,549,210 USD. We update our ATOM to USD price in real-time. Cosmos is up 1.31% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $4,286,732,576 USD. It has a circulating supply of 390,930,671 ATOM coins and the max. supply is not available.

Cosmos Price Analysis: ATOM Trades At $8.57, Is More Upside Expected?

  • Cosmos price analysis gains momentum at $8.57, up by 1.31 %.
  • ATOM price analysis shows an uptrend in the past few hours
  • Support is quite stable at $8.46.

Cosmos price analysis shows signs of an uptrend today as the buying momentum is seemingly intensifying. The price covered an increasing movement during the day as more buyers invested in cryptocurrency. Currently, the coin value is $8.57 high, and chances of further uptrend seem near. Although the price sharply declined in the earlier days, the bulls have secured their wins for the day.

ATOM/USD 1-day Price Chart: Price Shows Bullish Strength After Returning To $8.57

The daily Cosmos price analysis shows a strong bullish trend for the day, as the cryptocurrency value increased considerably. Green candlesticks have dominated the price chart for the past few hours as the Bulls have secured consecutive wins. The ATOM/USD value currently stands at $8.57, with a slight 1.31% upswing in the past 24 hours.

ATOM/USD 1-day price chart, Source: TradingView

The technical outlook for the ATOM/USD pair is still strong. The MACD indicator has crossed the signal line and entered the positive zone, suggesting a bullish trend is near. The RSI also appears to be climbing steadily and is currently at 36.83 levels. The Average Directional Index indicator also looks good and is currently in the neutral zone.

ATOM Price Analysis: Bullish Momentum Regulates As Cosmos Hovers Near $8.57

The four-hour ATOM price analysis leads the bulls, as the price followed an upward curve in the past few hours. The bears dominated the market earlier, but now the bulls are trying to make a comeback. The resistance level is set at $8.64, and if the bulls manage to break it, ATOM/USD pair can surge further higher. On the downside, the support level is currently placed at $8.46, and there are chances of a shift in trend dominance when the price reaches this mark.

ATOM/USD 4-hour price chart, Source: TradingView

The technical indicators for Cosmos look positive as well, with the MACD indicating a bullish resistance. The RSI is currently at 59 levels and seems to be climbing, showing strong buying momentum in the market. The Average Directional Index also looks positive, with an ADX of 59.85. This shows that bulls are taking charge of the price action as more buyers enter the market.

What To Expect From ATOM Price Analysis?

The Cosmos price analysis indicates that the bulls are taking control of the market. The ATOM/USD pair is currently at $8.57, and chances of further upturn look likely in the near future. The resistance levels are set at $8.64, and if the bulls manage to break this level, then ATOM/USD can surge higher. On the downside, the support level is currently placed at $8.46, which could keep the price stable for a while before it drops further down. The technical indicators also look quite optimistic, thus strengthening the bullish trend in the market.

Recent News/Updates

BlockDAG has recently made waves in the cryptocurrency world, notably with an impressive $18.5 million presale, which has overshadowed key events such as Bitcoin Cash‘s halving and Cosmos’s market volatility. This surge in attention can be attributed to BlockDAG’s innovative Directed Acyclic Graph (DAG) technology, which merges blockchain security with faster transaction speeds, promising heightened security and scalability.

Bitcoin Cash experienced a significant shift post-halving, reducing miner rewards to 3.125 BCH per block. This adjustment aims to improve network efficiency and reduce transaction costs, marking a crucial phase in Bitcoin Cash’s development trajectory.

Meanwhile, Cosmos has shown resilience amidst market fluctuations, with a recent 3.04% price uptick, reaching $11.00 per token. Despite a temporary 20.29% value drop, Cosmos has demonstrated a 12.87% gain over three months, highlighting its potential for growth and recovery.

BlockDAG’s presale success further underscores its standing, having raised $18.5 million and selling over 7.6 billion coins. With an initial price of $0.001 and a current value of $0.005, BlockDAG anticipates a potential 30,000x return on investment, reflecting strong market confidence and demand.

The project’s focus on community engagement, evidenced by a 10% referral bonus and transparent development updates, has fostered trust and credibility among investors. As BlockDAG continues to innovate and prepares for the release of an upcoming moon-based keynote video, it solidifies its position as a leader in blockchain technology, promising significant impacts on the future of digital finance.

Is Cosmos a good investment?

Cosmos is setting ambitious goals for 2024, focusing on increasing its blockchain’s modularity, enhancing the developer experience, addressing technical debt, and driving user adoption. Its vision to make the Cosmos SDK more modular is particularly noteworthy. This initiative aims to simplify the customization and integration process for developers, making it easier to build and deploy custom blockchains that can seamlessly communicate with each other through Cosmos’ Inter-Blockchain Communication (IBC) protocol.

By addressing technical debt, Cosmos plans to streamline development processes and reduce the extra workload caused by earlier compromises. This move is expected to attract more developers to the platform, especially those from competing platforms like Ethereum, by offering a more flexible and efficient environment for blockchain development. The emphasis on improving modularity and interoperability positions Cosmos as a strong contender in the blockchain space, potentially increasing its appeal to developers and users alike.

Moreover, the underlying technologies such as Tendermint consensus and the Cosmos SDK are designed to support fluid and custom blockchain creation, which could lead to increased adoption and innovative applications. This strategy not only aims to solidify Cosmos’ position in the blockchain ecosystem but also makes a compelling case for investors and developers to consider Cosmos (ATOM) as a promising asset and platform for future blockchain projects.

Cosmos Price Prediction by Cryptopolitan

YearMinimumAverageMaximum
2024$14.15$14.71$16.15
2025$20.43$21.16$24.04
2026$30.20$31.05$35.44
2027$42.70$44.25$52.99
2028$64.42$66.19$75.03
2029$89.84$92.49$114.33
2030$126.83$130.53$154.44
2031$182.62$187.84$216.76
2032$271.57$280.96$319.18
2033$382.50$396.55$467.06
Cosmos price prediction

Cosmos Price Prediction 2024

According to the technical analysis of Cosmos prices expected in 2024, the minimum cost of ATOM will be $14.15. The maximum level that the ATOM price can reach is $16.15. The average trading price is expected around $14.71.

Cosmos Price Prediction 2025

The price of Cosmos is predicted to reach at a minimum value of $20.43 in 2025. The Cosmos price could reach a maximum value of $24.04 with the average trading price of $21.16 throughout 2025.

Cosmos Price Prediction 2026

After the analysis of the prices of Cosmos in previous years, it is assumed that in 2026, the minimum price of ATOM will be around $30.20. The maximum expectedATOM price may be around $35.44. On average, the trading price might be $31.05 in 2025.

Cosmos Price Prediction 2027

Cosmos price is forecast to reach a lowest possible level of $42.70 in 2027. As per our findings, the ATOM price could reach a maximum possible level of $52.99 with the average forecast price of $44.25.

Cosmos Price Prediction 2028

According to our deep technical analysis on past price data of ATOM, In 2028 the price of Cosmos is predicted to reach at a minimum level of $64.42. The ATOM price can reach a maximum level of $75.03 with the average trading price of $66.19.

Cosmos Price Prediction 2029

The experts in the field of cryptocurrency have analyzed the prices of Cosmos and their fluctuations during the previous years. It is assumed that in 2029, the minimum ATOM price might drop to $89.84, while its maximum can reach $114.33. On average, the trading cost will be around $92.49.

Cosmos Price Prediction 2030 

Based on the analysis of the costs of Cosmos by crypto experts, the following maximum and minimum ATOM prices are expected in 2030: $154.44 and $126.83. On average, it will be traded at $130.53.

Cosmos Price Forecast 2031

According to our deep technical analysis on past price data of ATOM, In 2031 the price of Cosmos is forecasted to be at around a minimum value of $182.62. The Cosmos price value can reach a maximum of $216.76 with the average trading value of $187.84.

Cosmos Price Prediction 2032

Cosmos price is forecast to reach a lowest possible level of $271.57 in 2032. As per our findings, the ATOM price could reach a maximum possible level of $319.18 with the average forecast price of $280.96.

Cosmos Price Prediction 2033

As per the forecast price and technical analysis, In 2033 the price of Cosmos is predicted to reach at a minimum level of $382.50. The ATOM price can reach a maximum level of $467.06 with the average trading price of $396.55.

Cosmos Price Prediction by Wallet Investor

Wallet Investor’s in-depth study of Cosmos’s market trends and financial forecasts suggests that there won’t be a significant long-term upswing for Cosmos (ATOM). The comprehensive analysis, taking into account the current trade patterns and market changes, predicts a somewhat flat growth trajectory.

Read Also  Fantom price analysis: Upswing takes FTM close to $1.34

Cosmos Price Prediction by GOV Capital

Drawing on comprehensive analysis and considering various critical factors such as volume shifts, price movements, market cycles, and trajectories of comparable cryptocurrencies, GOV Capital presents an optimistic forecast for Cosmos (ATOM). In contrast to more conservative estimates, their analysis underscores a favorable market response over the past year, recognizing a consistent uptrend in ATOM’s valuation. Projecting forward, GOV Capital anticipates this positive momentum to sustain, estimating a promising target price of $26.33 for Cosmos within the next year. This projection by GOV Capital suggests robust confidence in ATOM’s market performance, advocating a potentially lucrative opportunity for investors, given the coin’s recent history of resilience and growth in a complex, often unpredictable market landscape.

Cosmos Price Prediction by Coin Price Forecast

Coin Price Forecast presents an encouraging perspective on ATOM’s financial prospects. Their projections, based on current trends and market indicators, suggest that the Cosmos (ATOM) cryptocurrency is on a trajectory to breach the $10.00 threshold by 2025. This forecast not only signals a stable appreciation of the asset but also positions Cosmos as an attractive addition to investment portfolios. Looking further ahead, the Coin Price Forecast’s analysis extends into the next decade, anticipating that the token’s value could reach an apex of approximately $18.30 by 2030. These estimations reflect a measured but positive market sentiment, indicating that while growth is expected to be gradual, the long-term outlook proposes a substantial return potential for patient investors in the ATOM ecosystem.

Cosmos Overview

Popularity0.61%Market Cap$3,871,837,581
Price Change (24 hours)-1.16%Trading Volume (24 hours)$123,234,290
Price change (7 days)+5.83%Circulating Supply383,149,654 ATOM
All-time lowOct 23, 2017($1.13)All-time high(Sep 20, 2021) $44.70
From ATL+806.51%From ATH-77.06%

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 Ethereum.

More on the Cosmos Network

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 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 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.

Conclusion

The current market trends and infrastructure supporting the ATOM token make it an incredibly compelling investment opportunity. With Cosmos’ commitment to interoperability and its huge potential for growth in the near future, there’s no denying that ATOM is a sound choice for any investor looking for strong returns. The future is grim for Cosmos should any of its major contenders begin to grow at a faster rate than it. Additionally, the project will become extinct if Blockchains construct their links with other networks that do not rely on third-party platforms such as Cosmos.

With the ever-expanding number of altcoins, there are many potential interoperability solutions for the cryptocurrency market. However, predicting which will be most successful in this dynamic environment is difficult. Ultimately, evaluating the fundamentals makes it clear that this token is a dependable long-term investment. With its active development, the potential for scaling, and a dedicated team of developers, the Cosmos Network provides a platform on which many ambitious projects can be built.

A few months ago, ATOM was 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 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.

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FAQs

How to buy ATOM Token?

ATOM coins may be bought on major cryptocurrency exchanges like Binance, Coinbase, or any exchange that supports both fiat and ATOM to simplify purchase.

Is ATOM a good investment in 2023?

Our Cosmos price prediction for 2023 suggests the price of Cosmos will be at a minimum of $14.87 and an average of $15.34. Cosmos forecast suggests a maximum price of $17.73.

Is Cosmos a good coin?

Cosmos has a lot of long-term potential and seems well-positioned to stand the test of time. However, it is still a volatile and high-risk industry, so don't invest money you can't afford to lose. Research ATOM, its competitors, and the cryptocurrency industry to ensure you understand the risks involved before you buy.

What problem does Cosmos solve?

Cosmos solves three primary problems in the blockchain: sovereignty, scalability, and sustainability.

Disclaimer. The information provided is not trading advice. 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.

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