Contents 1 Cosmos Price Prediction 2023-2032 1.1 How much is Cosmos (ATOM) worth? 2 What is Cosmos coin? 2.1 How many ATOM coins are in circulation supply? 3 What is the Cosmos blockchain network? 3.1 Key elements of Cosmos 4 Who are the Cosmos founders? 5 Advantages of owning the Cosmos ATOM 6 Where can you buy Cosmos tokens? 7 Cosmos Price History 8 Cosmos Network New Developments 9 Cosmos Technical Analysis 10 Cosmos Price Predictions by Cryptopolitan 10.1 Cosmos Price Prediction 2023 10.2 Cosmos Price Prediction 2024 10.3 Cosmos Price Prediction 2025 10.4 Cosmos Price Prediction 2026 10.5 Cosmos Price Prediction 2027 10.6 Cosmos Price Prediction 2028 10.7 Cosmos Price Prediction 2029 10.8 Cosmos Price Prediction 2030 10.9 Cosmos Price Prediction 2031 10.10 Cosmos Price Prediction 2032 10.11 Cosmos Price Prediction by Gov.Capital 10.12 Cosmos Price Prediction by DigitalCoinPrice 10.13 Cosmos Price Prediction by Coincodex 10.14 Cosmos Atom Price Predictions by Market Experts 11 Conclusion
Cosmos Price Prediction 2023-2032
- Cosmos Price Prediction 2023 –up to $17.73
- Cosmos Price Prediction 2026 – up to $57.25
- Cosmos Price Prediction 2029 – up to $181.82
- Cosmos Price Prediction 2032 – up to $553.87
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? The debacle promises to have its repercussions in 2023 That’s the essential question, for now, is how will this affect our Cosmos Price Prediction?
Here are some thoughts we digested after the FTX came crashing down:
- The collapse of FTX has shattered investor confidence in cryptocurrencies.
- The exchange’s demise is “devastating for investors” as they lost significant amounts.
- The disaster could set back the adoption of crypto assets by “one or two years” or probably more.
CZ said this would especially be the case for firms “close to the FTX ecosystem.” Describing the global financial crisis as “probably an accurate analogy,” Zhao believes the consequences will be severe. The Bitcoin (BTC) price is struggling to hold on above the support line of an ascending parallel channel while a significant Fib resistance level rejected the Ethereum price. The XRP price is still trading inside a neutral pattern.
Cosmos came in as an ecosystem made up of blockchains that can seamlessly interact with each other. From the expansion of its DeFi capabilities to several new projects, various factors have pushed the value of ATOM higher, which is why experts predict that Cosmos will explode in 2023.
A key reason for the significant rise in the price of ATOM recently is its expanding DeFi capabilities. Gravity DEX has been marked as the biggest step forward for Cosmos to date. With the protocol being live, Cosmos has become the future face of multiple interconnected blockchains.
The launch of Cosmos Inter-Blockchain Communication (IBC) was a milestone and will benefit any ecosystem leveraging the Cosmos SDK. This includes the DeFi platform Kava, CertiK, Secret Network, and others. An exciting development for the Cosmos community.
Imagine new chains with their own coins launching in the Cosmos but utilizing the Cosmos Hub validators instead of having to drum up their own. Staking ATOM will not only earn you more ATOM but also these other coins as well!
For a bit of history, the crash of the LUNA token and the TerraUSD (UST) stablecoin at the start of May 2022, both based on the Cosmos network could drive the Cosmos cryptocurrency’s decline. On 20 May Cosmos price analysis confirmed an upward trend, following the bullish trend that started the previous day. The price recovered in the succeeding weeks, along with two strong corrections as well, which affected the upwards trend. So, would the FTX collapse affect the Cosmos blockchain in the same way as it did others?
How much is Cosmos (ATOM) worth?
Today’s Cosmos price is $10.83 with a 24-hour trading volume of $105,571,283. Cosmos is up 0.31% in the last 24 hours. The current CoinMarketCap ranking is #21, with a live market cap of $3,101,357,057. It has a circulating supply of 286,370,297 ATOM coins and the max. supply is not available.
What do price analysts see on the horizon for ATOM? Let’s find out.
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 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.
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.
Cosmos Technical Analysis
The Cosmos price trend in the past 30 days has been positive with a general uptrend. The cryptocurrency has been trading between a low of $10.64 to $13.06, with a high of $13.93. The cryptocurrency has been trading inside a bullish channel since February 4th, with the price crossing above its 20-day moving average on March 18th.
On the technical side, Cosmos has been forming higher highs and lower highs indicating that it is in a sustained uptrend. The Relative Strength Index (RSI) is in the oversold region, which is a sign of massive selloffs and a potential buy signal. The Moving Average Convergence Divergence (MACD) indicator has crossed its signal line with a bullish indication, and the MACD histogram is also positive suggesting that the uptrend will continue.
ATOM is trading at $13.06, with support established near the Fibonacci 0.618 retracement level at $10.64. The next resistance target is the Fibonacci 0.786 retracement level at $13.54, followed by the all-time high of around $14.00. The price of ATOM has been trending above the SMA lines, and the SMA 200 line may act as support if the price retraces toward this level. The next technical target is the SMA 50 line, which could act as resistance if the price moves higher.
Cosmos Price Predictions by Cryptopolitan
|Year||Minimum Price ($)||Average Price ($)||Maximum Price ($)|
Cosmos Price Prediction 2023
Our current Cosmos price prediction for 2023 suggests the price of Cosmos is expected to trade at a minimum of $14.87 and an average of $15.34. Cosmos forecast suggests a maximum price of $17.73.
Cosmos Price Prediction 2024
The Cosmos price prediction forecast for 2024 suggests the price of Cosmos is likely to trade at a minimum of $22.41 and an average of $23.17, with a maximum price of $25.98.
Cosmos Price Prediction 2025
According to the Cosmos ATOM price prediction for 2025, the coin is expected to reach a minimum price of $32.84 and an average price of $34.00. The maximum forecast for Cosmos at this time is $38.99.
Cosmos Price Prediction 2026
The Cosmos ATOM price prediction for 2026 expects the price of Cosmos to trade at a minimum of $47.70 and an average of $49.40 with a maximum price of $57.25.
Cosmos Price Prediction 2027
Our Cosmos ATOM price prediction for 2027 suggests ATOM price will continue to grow, reaching a minimum price of $70.72 and an average trading price of $73.19 with a maximum forecast of $84.29.
Cosmos Price Prediction 2028
In 2028, the Cosmos price forecast suggests ATOM might potentially surge to a maximum value of $123.84 and a minimum price of $107.38. The average forecast price expected is $104.45 by the end of the year.
Cosmos Price Prediction 2029
According to the ATOM price forecast for 2029, a maximum price target of $181.82 and a minimum price of $151.72 are expected. The Cosmos price prediction for the average of 2029 is $156.02.
Cosmos Price Prediction 2030
The Cosmos ATOM price prediction for 2030 suggests that ATOM might potentially reach a maximum price of $260.26 and a minimum price of $220.43. Our Cosmos forecast an average of $226.67 by the end of the year.
Cosmos Price Prediction 2031
Our Cosmos ATOM price prediction for 2031 is a maximum price of $387.00 and a minimum price of $321.23, with an average trading price of $332.56 throughout the year.
Cosmos Price Prediction 2032
The Cosmos ATOM price prediction for 2032 suggests the price of Cosmos could reach a minimum value of $455.98. The Cosmos price could reach a maximum value of $553.87 with an average forecast price of $469.29 throughout 2032.
Cosmos Price Prediction by Gov.Capital
The price of Cosmos (ATOM) has been predicted to be $36.016 after a year by Gov.Capital ATOM price forecast, taking into account several variables such as volume changes, price changes, market cycles, and similar coins. This prediction is based on the current price and the ATOM price prediction data, which show an uptrend for the past 1 year.
Cosmos Price Prediction by DigitalCoinPrice
DigitalCoinPrice suggests the value of Cosmos might increase by 115.71% and reach near around $27.08. Currently, all indicators are indicating a Bullish zone, and the fear & greed index shows 24.65 extreme fears. According to the DigitalCoinPrice ATOM forecast, this is not the right time to Buy Cosmos. According to all technical indicators, the 200-day SMA will drop soon, and the price will hit $11.75 by the end of December. By December 2023, 2024, Cosmos’s short-term 50-Day SMA shows an $11.73.
Looking at the long-term projections by DigitalCoinPrice, ATOM might trade at a minimum price of $48.24, an average price of $55.70, and a maximum of $57.10 by 2026. The prediction website suggests the price of ATOM will continue increasing and by December 2029, ATOM might attain a maximum price of $93.62.The website’s prediction for 2032 is $244.45.
Cosmos Price Prediction by Coincodex
Coincodex has an analysis of various technical indicators such as Moving averages, Bollinger Bands, Relative Strength Index (RSI), and more. According to the analysis by Coincodex, the value of Cosmos is predicted to drop by -11.97% and reach $ 11.06 by April 22, 2023. According to the technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 69 (Greed). Cosmos recorded 19/30 (63%) green days with 4.49% price volatility over the last 30 days. Based on the Cosmos forecast, it’s now a good time to buy Cosmos.
The website’s long-term ATOM price prediction for the year 2026 is $ 251.00 if it follows Facebook’s growth. In case Cosmos would follow Internet growth the prediction for 2026 would be $ 28.79.
Cosmos Atom Price Predictions by Market Experts
Cosmos Network (ATOM) has been making waves in the cryptocurrency market, and market analysts have followed the developments closely. As of now, the consensus among the experts is that Cosmos is a very promising blockchain project with immense potential in terms of scalability and interoperability.
2023 is expected to introduce a change in the crypto markets. The crypto market is set to pick up its pace following the recent mini-rally in the prices of various cryptocurrencies. If the improvements are successful, it is projected that more people will join the Cosmos network. Not to mention advancements like Non-Fungible Token modules, Smart contracts, and V11-Gamma could potentially become widespread. According to More Crypto Online, a market analyst based on Youtube, the price of ATOM could spike higher in the next bull run. He predicts that the price of ATOM could reach $25 by the end of 2023. His technical analysis shows that the price could reach as high as $50 in the next few years.
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.