Cosmos (ATOM) Price Prediction 2022-2025
Short on time? Let’s spill the juicy details of this Cosmos price prediction. Between now and 2025, technical and expert insights have predicted that the native Cosmos token of ATOM could skyrocket past $100 in value. Want to get on board but don’t know where to begin? Consider a trusted and beginner-friendly brokerage like eToro!
News about Cosmos (ATOM)
- 21 Shares Lists World’s First Cosmos (ATOM) ETP
- Cosmos’ ATOM token rises amid weak crypto market; here’s why it’s defying the trend
The Ethereum Network certainly paved the way when it comes to blockchain assets. A wide range of other blockchain projects has formed with different goals, use cases, and benefits in its wake.
When combined, such blockchain projects can present a phenomenal power to a crypto user. But there remains one significant barrier to such cooperation: Communication!
For different blockchains to interact and communicate efficiently, an in-between network is required. This is where the Cosmos network aims to provide.
Cosmos (ATOM) is a decentralized blockchain network that aims to become “the internet of blockchains” by enabling flawless communication and data exchange between different blockchain networks.
It provides a vital use to the crypto industry and has surged in popularity, value, and use cases in recent years. But for the countless new investors keen to get involved, there are often two questions in mind: How high can Cosmos go, and how can I buy it?
In this Cosmos (ATOM) price prediction, we aim to answer both of these questions and more. We’ll draw upon a range of incredible tools to discover the potential of this revolutionary blockchain asset from its current price. But first, let’s explore the role Cosmos and its native ATOM token plays in the crypto world.
What is Cosmos (ATOM)
Cosmos was founded in 2014 by two developers named Jae Kwon and Ethan Buchman. It was officially released in 2019. The Cosmos Network aims to provide a way for various blockchains to communicate efficiently.
The Cosmos developers utilized a range of open-source tools to provide users with a high level of interoperability between blockchain while simultaneously streamlining transactions.
Compared to similar projects, Cosmos has several defining aspects that make it unique. For example, rather than prioritizing its network, it places a significant focus on efficiently sharing data and tokens with a broad ecosystem of other networks and blockchains.
So how does it work? It’s pretty simple to explain. Whenever a new blockchain is created within the Cosmos blockchain, it’s known as a “zone.” This is then tethered to the Cosmos Hub. The latter maintains a record of the state of each zone and vice versa.
The ATOM token fuels this proof-of-stake blockchain. The native cryptocurrency of the Cosmos network has not only surged in value in recent years, but it also has several major real-world use cases.
Firstly, the current circulating supply of ATOM tokens can be used as a spam-prevention mechanism when users of the platform use it to pay fees. In addition, it can also be used as a governance token and for staking.
ATOM has three use cases: a spam-prevention mechanism, staking tokens, and a voting mechanism in governance. ATOM digital coins are used to pay fees as a spam-prevention mechanism. The price may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas.”
Summary:
- The Cosmos Network is a proof-of-stake blockchain platform that aims to enable streamlined interoperability between different blockchains.
- Cosmos places a huge focus on efficiently sharing data and tokens with a wide ecosystem of other networks and blockchains.
- Its native ATOM token can be used as a spam-prevention tools, a staking token, used to pay transaction fees, and as a governance token.
Price history
Officially released in 2019, Cosmos’ native ATOM token is a relative newcomer to the crypto scene. Despite this, it hasn’t failed to make significant price gains in recent years. Just take 2021 as a good example.
At the beginning of 2021, the ATOM price was $7 per token. By mid-February, the price had more than tripled to $25 per token. After a sell-off and a price dip to $17, the ATOM price surged again to $27.97 in April and then $29 in May.
This caused a major sell-off as investors cashed out their profits. The price subsequently dipped to $10 per token. However, this was the perfect chance for new investors to get an ATOM price position in time for a new all-time high that was just around the corner.
By September, the ATOM price had skyrocketed to $44.54. After a subsequent price dip, the ATOM price hit a low of $31.89 before rising to $43.22. However, this was the last surge of the year.
By November and December of 2021, the price of ATOM had gradually decreased and ended the year at a low. But is this current price dip the perfect time to get on board in preparation for a potential new all-time high? To find out, let’s look at what the technical analysis can tell us about the future price it could hit on the cryptocurrency market!
Technical analysis of the Cosmos price forecast
To get an accurate insight into the potential long-term price targets of Cosmos, we will draw upon technical analysis. In this section of our Cosmos price prediction, we’ll use tools like historical data, market cycles, trading patterns, and more to get a year-by-year price forecast of the average price of ATOM coin.
Cosmos price prediction 2022-2023
From its current price of around $34, the technical analysis ATOM projections predict that the ATOM price could increase to over $66 per token by the middle of 2022. It’s then expected to gain over 100% from the current Cosmos price value and finish the year at over $70. A significant increase could make it a potentially profitable investment in the short term.
Cosmos price prediction 2023-2024
After entering 2023 at a potential average price of over $70, it’s thought the ATOM has the potential to reach a new price of over $91 in the first half of the year. However, the second half is expected to be slightly rocky as the price may lose a couple of dollars and finish at n average Cosmos price equal to around $82. That’s still an increase of 136% on the current Cosmos price today.
Cosmos price prediction 2024-2025
Coming into 2024 at over $82, technical analysis tells us that the native token of Cosmos (ATOM) might have the potential to rise to more than $88. The price could surge in the second half of 2024 to hit a significant milestone and enter 2025 at over $100 per token. That’s an increase of 189% on the current Cosmos price today.
Expert analysis
Despite being a relative newcomer, the Cosmos Network has attracted the attention of investors worldwide. Many of this interest comes from renowned crypto experts who often give their opinions on the future of ATOM in the form of Cosmos price predictions based on their own research. Let’s look at some of the most popular Cosmos price predictions they’ve released recently.:
Crypto Never Sleeps
The popular Youtube channel Crypto Never Sleeps recently uploaded a Cosmos price prediction that drew upon a range of insightful factors to find out how high this blockchain asset can go. In summary to their Cosmos price analysis, they expect that a price rise of ATOM could see it surge past an expected maximum price of $175 between now and 2025.
The Art of Marketing Blog
The popular Youtube channel The Art of Marketing Blog released a widely-acclaimed Cosmos price prediction that drew on various expert insights to develop an ATOM price forecast. The video came to the summary that Cosmos cryptocurrency can surge past $100 on the cryptocurrency market between now and 2025.
Bitboy Crypto
As a highly respected channel in the online crypto space, Bitboy Crypto’s recent Cosmos price prediction drew in many views. In the video, they drew upon several factors to assess whether Cosmos coin has the potential to surge by over 100% in value. They were bullish on-chain metrics, and it looked possible that the average Cosmos price could indeed achieve this to be a potentially profitable investment.
Conclusion
In summary, the Cosmos network plays a vital role in the communication between various blockchain networks. It provides significant real-world usage for crypto users and can offer a range of powerful benefits.
Equally, the native Cosmos coin has seen enormous price gains in recent months and secured significant returns on investment for traders who bought in at the right time.
But for the countless potential investors seeking to join those with a strong ATOM position on the Cosmos market, actually obtaining it correctly can present a stumbling block. That’s where trusted brokerages like eToro come in.
Where to buy ATOM
As an inter-blockchain communication tool, Cosmos has become one of the most potent cryptocurrencies in recent years. As a result, it has seen its native ATOM token successfully seen itself added to some of the world’s foremost cryptocurrency exchanges.
However, such exchanges can provide a significant learning curve for beginner investors. In response, many crypto experts advise new traders to utilize a high-performance brokerage like eToro.
The latter type of brokerage provides an abundance of trading tools, training, and an easy-to-use trading environment to allow new investors to find their feet and get the most out of their trading journey.
From stop loss tools to demo practice accounts, brokerages like eToro are an ideal environment to start to buy and sell Cosmos. It is also home to an abundance of other crypto assets allowing you to diversify your crypto portfolio truly.
Frequently asked questions about Cosmos (ATOM)
Any promising blockchain project naturally summons valid questions from potential investors. The Cosmos Network is no exception. In this section of our Cosmos price prediction, we’ll delve into some of the most commonly asked inquiries about this blockchain asset.
What’s better: Ethereum or Cosmos?
The network boasts digital assets with over $178 billion among the Cosmos ecosystem. These range from the likes of Binance Coin (BNB) to the native token of crypto.com (CRO). As a result, the Cosmos Network is only second place behind Ethereum when it comes to the value of blockchain ecosystems.
How does Cosmos improve the blockchain?
Overall, Cosmos has consistently demonstrated its ability to solve three significant blockchain technology problems. These are sovereignty, scalability, and sustainability.
Does ATOM have a fixed supply?
No. Unlike the likes of Bitcoin, the supply of ATOM is not fixed. But to overcome the effects of inflation, Cosmos adjusts the number of ATOM tokens created based on the amount being staked instead.
Can the ATOM price reach $100
Many experts have drawn upon technical analysis to predict that ATOM can indeed surge past the $100 value milestone to a favorable average price within the next five years. It’s impossible to tell the future, but things are looking bright for the forecasted Cosmos price of this blockchain asset. Overall, it has the potential to be a good investment.
Pros and cons
The Cosmos Network is equally blessed with promising benefits and limiting downsides as with any popular blockchain asset. Let’s look at some of the common pros and cons associated with Cosmos and the ATOM token.
Pros | Cons |
Through methods like staking, Cosmos (ATOM) has the potential to return passive income to its users. | It faces increasing competition from other blockchain projects with similar ambitions. |
Cosmos cryptocurrency boasts many real-world use cases that positively affect its value. | |
ATOM is constantly witnessing increased liquidity and average trading value. |
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ATOM price prediction disclaimer
Although the future price of Cosmos (ATOM) looks positive, this Cosmos price prediction is for informational purposes only, not financial advice or investment advice. ATOM and other digital currencies have potential rewards and risks due to several variables, which are highly volatile. Despite the positive outlook, the predicted digital coin price analysis of Cosmos cryptocurrency and similar coins on the crypto market is not guaranteed to be a good investment option as a price drop in a bearish trend is just as likely as a bullish trend when it comes to the ATOM price or its market cap. Anyone who invests should do their own research and seek independent financial advice for a classic current market status and price prognosis.
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